World Population Trends Questions
Population growth can impact economic development in several ways. Firstly, a larger population can lead to increased labor supply, which can contribute to economic growth through increased production and consumption. Additionally, a growing population can create a larger domestic market for goods and services, stimulating economic activity and attracting investment. However, population growth can also strain resources and infrastructure, leading to challenges such as unemployment, poverty, and environmental degradation. Therefore, the impact of population growth on economic development depends on various factors, including the availability of resources, quality of infrastructure, and effective governance.