Economist Thomas Malthus believed that ________ would limit economic progress.
A) depletion of gold reserves
B) overpopulation
C) the tendency of governments to levy high tax rates
D) the inability of workers in developed nations to compete against cheap foreign labor

Question

Quizplus · Accepted Answer

Malthus believed that overpopulation would lead to scarcity of resources and ultimately limit economic progress. He argued that the population grows exponentially while food production only grows linearly, leading to a mismatch and widespread poverty.

Economist Thomas Malthus Believed That ________ Would Limit Economic Progress