Examine the effect of high population growth
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.
Disadvantages of high population growth
- Increase government expenditure on infrastructure like schools and health care
- Increased environmental degradation/pollution, garbage accumulation
- It fuels income inequality since not all people will get access to natural and economic resources
- It worsens unemployment in an economy
- It leads to brain drainage because skilled labour is not well remunerated.
- It worsens balance of payment because high populations tends to lead to high importation
- It reduces the marginal propensity to save
- It leads to high illiteracy rate due to lack of enough education facilities
- Increased dependence burden from the young children
- Causes political instability since majority of the people disgruntled for not gaining access to national resources.
- Leads to starvation due to shortage of food
- Disease outbreak
- Leads to rural-urban migration
- Water shortage
- congestion
CATEGORIES Economics
TAGS Dr. Bbosa Science