1. Effects of economic development on population growth.
2. Effects of population growth in economic development.
Select the correct answer using the code given below:
Code:
Correct Answer: (d) Both 1 and 2
Solution:There is a close relation between economic development and population growth. Population size, as an important factor to economic growth, determines supply of human resources directly. Higher economic development tend to reduce population growth, while the quantity, quality, structure, distribution, and movement of a population can help or hinder the rate of economic development. A developed country with low population density and a low percentage of employable people needs an increase in population in order to keep up with economic development. On the other hand, for an underdeveloped country with high population density and a high percentage of employable people, any increase in population will be detrimetal to its economy.