Thomas Malthus' prediction of mass starvation resulting from diminishing marginal returns has not been fulfilled because
A) the law of diminishing marginal returns did not hold in this case.
B) Malthus ignored other factors like technological change.
C) relative to Malthus' day, larger percentage of today's labor works in the agricultural sector.
D) All of the above.

Question

Quizplus · Accepted Answer

Malthus' prediction did not account for technological innovations that have increased food production and efficiency, leading to higher yields and reducing the impact of diminishing marginal returns. Additionally, the economy has shifted away from agriculture, so the proportion of labor involved in farming has decreased, leading to more efficient use of resources in agriculture.

Thomas Malthus' Prediction of Mass Starvation Resulting from Diminishing Marginal