Population increases are the limiting factor in the growth process in

Name: Population increases are the limiting factor in the growth process in
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Classical growth theory, particularly associated with economists like Thomas Malthus, posits that population increases are a primary limiting factor in economic growth. According to this theory, as population grows, resources become more scarce, leading to a decrease in per capita income and a return to subsistence-level conditions.

Population Increases Are the Limiting Factor in the Growth Process