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    Chapter 9: Global Demography: Reflection Paper 2

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    ShaenaBalaodelRosario
    1) The relationship between population size and economic welfare is complex, as population growth can both help and hinder economic development. While more people means more productive workers, it also means more resources are needed to support more people. 2) Historically, countries like China have implemented policies like the one-child policy due to the conflicting effects of population growth on their economies. 3) The current COVID-19 pandemic illustrates how a large population strains government resources, as funds are not enough to support all citizens' needs during an economic downturn. Population size plays an important role in determining a nation's economic welfare.

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    Chapter 9: Global Demography: Reflection Paper 2

    Uploaded by

    ShaenaBalaodelRosario
    207 views1 page
    1) The relationship between population size and economic welfare is complex, as population growth can both help and hinder economic development. While more people means more productive workers, it also means more resources are needed to support more people. 2) Historically, countries like China have implemented policies like the one-child policy due to the conflicting effects of population growth on their economies. 3) The current COVID-19 pandemic illustrates how a large population strains government resources, as funds are not enough to support all citizens' needs during an economic downturn. Population size plays an important role in determining a nation's economic welfare.

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    DEL ROSARIO, SHAENA B. - PAPER 2

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    1) The relationship between population size and economic welfare is complex, as population growth can both help and hinder economic development. While more people means more productive workers, it also means more resources are needed to support more people. 2) Historically, countries like China have implemented policies like the one-child policy due to the conflicting effects of population growth on their economies. 3) The current COVID-19 pandemic illustrates how a large population strains government resources, as funds are not enough to support all citizens' needs during an economic downturn. Population size plays an important role in determining a nation's economic welfare.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    207 views1 page

    Chapter 9: Global Demography: Reflection Paper 2

    Uploaded by

    ShaenaBalaodelRosario
    1) The relationship between population size and economic welfare is complex, as population growth can both help and hinder economic development. While more people means more productive workers, it also means more resources are needed to support more people. 2) Historically, countries like China have implemented policies like the one-child policy due to the conflicting effects of population growth on their economies. 3) The current COVID-19 pandemic illustrates how a large population strains government resources, as funds are not enough to support all citizens' needs during an economic downturn. Population size plays an important role in determining a nation's economic welfare.

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    DEL ROSARIO, SHAENA B.

    THE CONTEMPORARY WORLD


    AR 201 SIR ALARCON

    REFLECTION PAPER 2:
    CHAPTER 9: GLOBAL DEMOGRAPHY

    The relationship between population and economic welfare is indeed intricate, complex and
    interacting.

    Growing up in a conservative setting, I always thought that building and having a family is all
    grounded by the love and grace of God. Whenever a child is born, no matter conceived by plan or a
    mistake, they are considered a blessing from above. Little did we know, in reality, a child is viable to be
    identified whether they are economic asset or a burden to their family. In other words, whether the
    child will grow successful and be of aid to family’s needs or not at all.

    In the normal, it has come to my attention where families who are greater in size, usually those
    who have more than 3 progenies, tend to be those who are less fortunate. Meanwhile, those who are
    blessed with charmed life turn out to have a little kinship, and even sometimes only want an only child. I
    have come to understand the reason why these families blessed with good life to likely keep a small
    family—it is because aside from they are tied down to their careers, they also want to ensure their kid’s
    future. But how are these related to economic welfare?

    On a positive note, population growth means more productive hands—an increase in the supply
    of labor—a basic factor of production. In comparison to the family of greater kinship, the more
    members of the family, the greater the opportunity to have pursue a good life. However, population
    growth also means more mouths to feed. The same goes to family with a large kinship. Having said that,
    based on history, population growth did play a conflicting role in the development process of a country,
    including China, hence, the one child policy.

    In light with the predicament our country is facing today, I become cognizant of the outturn of
    having a big population. Although COVID-19 is, first and foremost, a public health crisis, it certainly has
    significant economic effects. It is clear for us to see that the government funds aren’t enough to cater all
    the people’s needs. And so, I believe, the longer the government tells us all to stay home, the longer and
    deeper the recession will be.

    All in all, I wind up in an idea that population growth plays an important role in economic
    welfare. The forces widening the gaps between winners and losers in the economy–technology and
    globalization that tend to favor the most educated, the erosion in workers’ bargaining power, the
    winner-take-all phenomenon that favors the top in every profession, and so on certainly reeks of
    inequality among the entire populace.

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