Advantages of high population growth
- A high population also provides a large market for goods and services within a given country.
- A big population size provides labour which combined with other factors of production ensure full utilization of resources
- It encourages specialization since people under take different production activities
- Leads to increase in government revenue through taxation
- It encourages competition and improvement in quality of products and service
- If labour force is skilled, it may be exported
- A big population size ensures political security and a big number joins security organs to protect the people
- It increase the ease of distributions of good and service because when people are concentrated in one area
- It is a source of cheap labour since many people are willing to work at a low wage rate.
- A high population encourages the exploitation of idle resources.
- It also encourages a high level of innovation and invention as people try to look for survival in a competitive environment.
- It encourages increased agricultural output as people try to produce enough food for their own survival.
CATEGORIES Economics
TAGS Dr. Bbosa Science
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