Population growth is more likely to contribute to economic growth when

Question

Quizplus · Accepted Answer

Economic freedom allows individuals to pursue their own interests and create new businesses, which leads to job creation and economic growth. With a growing population, there is also an increase in demand for goods and services, which can further stimulate economic growth. However, if capital accumulation is limited or technological progress is limited, it may be difficult to accommodate the needs of a growing population, making economic growth more difficult to achieve. Additionally, if the labor force participation rate does not increase, there may not be enough workers to drive economic growth.

Population Growth Is More Likely to Contribute to Economic Growth