Question
Download Solution PDFMalthus theory of population is based on which concept?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Geometric Population Growth and Arithmetic Food Supply Growth.
Key Points
- The Malthusian Theory of Population was proposed by Thomas Robert Malthus in his work, "An Essay on the Principle of Population" published in 1798.
- Malthus asserted that while the population grows geometrically (i.e., exponentially), food supply or resources grow arithmetically (i.e., linearly).
- According to Malthus, the population would eventually outstrip the food supply, leading to famine, disease, and other population checks.
- He believed that these checks were necessary to maintain a balance between the population size and the availability of resources.
- The theory emphasizes the potential for overpopulation and its consequences on society, including poverty and scarcity of resources.
Additional Information
- Exponential Inflation and Low Unemployment Rate
- This option refers to economic concepts rather than population theory.
- Inflation is the rate at which the general level of prices for goods and services rises.
- Unemployment rate measures the percentage of the labor force that is jobless and actively seeking employment.
- High Birth Rate and Low Death Rate
- This option refers to demographic features rather than a theoretical framework.
- High birth rate indicates a large number of live births per 1,000 people per year.
- Low death rate indicates a small number of deaths per 1,000 people per year.
- Low Dependency Ratio and High Demographic Dividend
- This option refers to demographic terms and economic benefits.
- Dependency ratio is the ratio of dependents (people younger than 15 or older than 64) to the working-age population.
- Demographic dividend refers to the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population is larger than the non-working-age share.
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