The population of Mexico in 1900 was about 18,000,000. In 2000, the population was about 100,000,000. What was the average growth rate over that period?

Question

Quizplus · Accepted Answer

To calculate the average growth rate over the period of 1900-2000, we need to use the compound annual growth rate formula, which is:

[(Ending Population / Beginning Population)^(1/Number of Years)] - 1

In this case, the beginning population is 18,000,000, the ending population is 100,000,000, and the number of years is 100.

[(100,000,000 / 18,000,000)^(1/100)] - 1 = 0.0173 or 1.73%

Therefore, the answer is choice C, 1.73%.

The Population of Mexico in 1900 Was About 18,000,000