POSITIVE ECONOMIC IMPLICATIONS OF A HIGH POPULATION GROWTH RATE

POSITIVE ECONOMIC IMPLICATIONS OF A HIGH POPULATION GROWTH RATE

  • High market potential. This is due to increase in effective demand by the growing population.
  •  High tax potential. This is due to increased investment, labourforce and consumer demand that provide more tax revenue to the government.




  • High potential for labourforce. This is because of the increase in labour supply associated with the growing population.
  • High potential for increased resource utilization. This is due to the high level of investment required to meet the increasing consumer demand hence increased use of idle resources.
  • It is an incentive or potential for massive future investment. This is due to the increased consumer demand.
  • Government is awakened to the responsibilities of providing the necessary infrastructure. This leads to increase in the level of output.
  • The young population is usually innovative and creative. This is due to increase in the level of competition that results into more discoveries.
  • It reduces per capita social overhead costs. This is because the infrastructure in form of schools, hospitals and roads is maximumly used.




  • Initiates efforts to work harder to sustain the predominantly young population. This is because the working population strives to meet the demands of the dependants.
  • High mobility of labour due to increased population pressure

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mwaikusa

IAM experienced geography teacher with more than three years of teaching and creating content related to geography and other subjects for both high school and college students. hope you will find the content of this website useful to your studies and daily life

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