Population Growth and Development

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Population Growth

and
Economic
Development
Basic Concepts
Population growth plays a conflicting
role in the development process of a
country. It helps economic
development and it
retards economic development. To
the Greek philosophers, about 2,500
years ago, population growth was
undesirable as it adversely
affects economic development.
What is Population Growth?
Population growth is the increase
in the numbers of individuals in a
population
What is Population Growth?
Population growth is a major
factor in energy consumption,
housing shortages, inflation,
food security, unemployment
and environmental degration
What is Population Growth Rate?
The population growth rate is the rate
in which the number of individuals in a
population increases in a given time
period, expressed as a fraction of the
initial population
Components of
Population Growth
 Fertility
 Mortality
 Migration
Components of
Population Growth
 Fertility
Registered Number of Births in Year *1000
Total Mid-Year Population
Components of
Population Growth
 Mortality
Registered Number of Deaths a year *1000
Total Mid-Year Population
Components of
Population Growth
 Migration
Involves the movement of people from one
place to another with intentions of settling,
permanently or temporarily, at a new location
What is Economic Development

It is referred to as the


quantitative and qualitative
changes in an existing economy
What is the basic concept of economic growth and development

Economic growth means an increase in real national


income / national output. Economic
development means an improvement in the quality
of life and living standards, e.g. measures of literacy,
life-expectancy and health care. ... Higher
real GDP enables more to be spent on health care and
education.
The indicators of economic development are

Growth rate of National Income


Per Capita Income (PCI)
Per Capita Consumption (PCC)
Physical Quality Life Index (PQLI) and
Human Development Index (HDI)
Industrial progress
Capital formation
Factors that Influence the Economic Development
of a Country

 Capital Formation
 Natural Resources
 Marketable Surplus of Agriculture
 Conditions in Foreign Trade
 Economic System
 Human Resources
 Technical Know-How and General Education
 Political Freedom
Core Values of
Economic Development
Sustenance
- the ability to meet basic needs
Core Values of
Economic Development
Self-Esteem
- havinga sense of worth and self
respect amongst the population
Core Values of
Economic Development
Freedom from Servitude
-to be able to choose
Forces that Determines
Economic Development
1. Changes in basic factor supplies
Forces that Determines
Economic Development
2. Changes in the structure of
demand for products
How Population leads to
Economic Development
Increase in Labor Market
Increasing population ensures
increase in the labor force.
How Population leads to
Economic Development
Large Market
Investors would like to invest in a country
with a large population.
How Population leads to
Economic Development
Population Growth as a Sign of Social
Health
.
THANK YOU
FOR
LISTENING

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