Which theory of economic growth argues that population growth lowers the real wage rate and stops economic growth?

Question

Quizplus · Accepted Answer

Classical growth theory, particularly associated with economists like Thomas Malthus, posits that population growth tends to outpace agricultural production, leading to a decrease in per capita income and a return to subsistence-level conditions, which in turn halts economic growth. This theory suggests that an increase in population would lower the real wage rate, as the supply of labor increases, making it difficult for economic growth to sustain itself in the long run.

Which Theory of Economic Growth Argues That Population Growth Lowers