Question

Thomas malthus theory on population growth and david ricardo's views on wages both agreed that...

Answer 1

Answer:

Thomas Malthus Theory of Population Growth and David Richardo's views on wages both agreed that food production increases as population increases, however, that the increase in population will overwhelm the abundance of food, and thus lead to diminishing returns. Both men believed in the principle of political economy. Both argued that there was a need to control the population in a time of abundance. They believed that if the population is not well managed, the abundance may be misused, and thus, the increased population will bear the brunt of the mismanagement.