Question

Which of the following are possible outcomes of rapid population growth?

Answer 1

Answer: Option (D) is correct.

Explanation:

When there is a rapid population growth in a country then this will results in a reduction in the human capital per worker, increase in technological knowledge and also reduction in capital per worker. There is a greater chance that counter-productive level will be reached.

The main problem arises from the rapid population growth is starvation and poverty. One of the devastating effects of the excess population is the scarcity of land. Land is limited in a country as a result more crops won't be produce. This will lead to raise the level of starvation.

Answer 2

Answer: All of the above

Explanation: Rapid population growth can be defined as the excessive population in the world in relation to the resources present for use, this major problem has some serious economic consequences.

The given options can be explained as follows :-

A. Human capital refers to the specialized skills that human possess by use of education. Due to increase in population the value of skilled humans decreases as there will be a large number of skilled labor.

B. Due to population growth the number of worker will increase but the resources in use will remain same leading to less amount of share for each unit of labor force.

C. A rapid increase in population will lead to introduction of innovative minds to the world and thus technological advancement.

Therefor, we can conclude that option D is correct.