The Malthusian model performs poorly in explaining economic growth after the

Question

Quizplus · Accepted Answer

The Malthusian model was based on the assumption that population growth would outpace food production, leading to a decrease in living standards. However, the Industrial Revolution allowed for significant technological advancements, leading to increased productivity and economic growth that allowed for sustained increases in living standards. Therefore, the Malthusian model does not explain economic growth after the Industrial Revolution.

The Malthusian Model Performs Poorly in Explaining Economic Growth After