Collecting and analyzing population data is integral as there is constant change in each passing day, month, and year. Secondly, a growing population means a growing market for most goods and services and we know that division of labour is limited by the extent of the market. India as a developing Economy is facing an important problem in the form of population explosion. As an example: The population of China is about 1.3 billion. An Economy, with more than the optimum population, always experiences or faces unduly heavy pressure on social overheads like hospitals, roads, schools, etc. But opting out of some of these cookies may affect your browsing experience. Answer: The term birth rate refers to the number of births per 1000 of population in the society. In a number of countries, the population census plays a major role in the allocation of elected political seats in government. Contribution of Health to Economic Development: The importance of census cannot be overestimated. On the some vein, the then Prime Minister Mr. Pitt of England declared in the 18th century: A man could enrich his country by producing a number of children, even if the whole family were paupers. All these suggest that not only there is no conflict between population growth and economic development but also an increase in population is necessary for increase in wealth and development. Population census also assists in the determination of the standard of living of the people in a county through per capita income. Different Views on the Role of Population Growth: Relationship between Population Growth and Economic Development: This cookie is set by GDPR Cookie Consent plugin. This development, consequent upon Mathusian pressure, has been forcing many farm people to migrate to towns and urban areas in search of employment. The importance of census as a specific type of accurate statistics of the population characteristics and social trends is the basis for the successful development of a country. 10) Education in a society makes citizens law-abiding and makes them participate actively and voluntarily in welfare and development programmes. [March 2018] Revenue estimates Agricultures contribution towards GDP growth is not only falling but the absorptive capacity of agriculture is also falling. Answer: Hunger and famine, according to A. Sen, is due to entitlement failure and not the food availabilities as such. Question 2. Even though PQLI is considered to be an improvement over GNP as a measure of well being and quality of life of the people in the society, it suffers with the draw back that there is considerable overlap between infant mortality and life expectancy. 2) Social Measures: High birth rates and population explosion being an important socio-economic problems can be controlled/reduced with the following social measures. With high birth rate and sharp declining death rate there will be a very rapid increase in the population. 3rd Stage: In this stage, the Economy achieves still more Economic Development with such higher level of development, people get better educated and more enlighted. Population census may be defined as a regular counting of the number of women, men, children, able and disabled people in a country by the government for the purpose of economic planning and development. This can be referred to as the unequal distribution of purchasing power among different groups of population. Plato (427-347 B.C.) 3 Our dataset spans the period 1972-2011. - A growing population can generate economic growth.. - The birth of more people means there will be a greater number of parents investing in their youth. This makes it clear as to why economics are important to every person in the world. Population growth helps the process of development in the following ways: First, an increasing population means an increase in the number of working population who can function as active participants in the process of economic growth and development. The importance of statistics in economics are as follows: 1. Economics deals from the property market to the macroeconomics of. Protection of the rights of labor class. It is an important indicator of health status in the society. Question 1. Due to the high birth rates and rapid growth of the population in developing countries at present worlds population is increasing very rapidly. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. In addition to clinical centres, contraceptives are distributed by government agencies in rural areas to young couples in their reproductive age. To provide universal free elementary education to children between in the age group of 6-14, Sarva Siksha Abhiyan (SSA) was introduced. Primary Sector Read Also: Disadvantages of UnderPopulation 2. Question 2. Through the adoption of one child norm, China has achieved a lot of success in bringing down birth rate to 21.6 per thousand in 2012. b) Incentives and Disincentives: Since family planning is purely voluntary in India incentives like cash prizes and special increments to employees who opt for sterilisation are given. Subsidy removal: FG to begin disbursement of 2,000 buses to Nigerians. The people living in rural areas feel that children are not a burden on the family. The way an economy is organised is rather inherently suicidal. Maternal Mortality rate is a rate calculated as a ratio of (the rate of) the number of . It can act both as a stimulus and as an impediment to growth and development. It helps economic development and it retards economic development. The Role of Population in Economic Growth E. Wesley F. Peterson1 Abstract The relationship between population growth and economic growth is controversial. However, in India educational system is not well developed since expenditure on education is not considered as an investment in Human resources. The rate of Economic Growth and pace of Economic Development of any country mainly depends upon the rate of literacy and the level of education in that society. The literacy rate (ratio) refers to the percentage of literate people above the age of 7 years, in the total population of the country. We also use third-party cookies that help us analyze and understand how you use this website. Bring out the main elements of population policy, 2000. 3) Illiteracy: Illiteracy and low education among women in India by contributing to irrational attitudes and thinking are also responsible for high birth rates in India. Countries with HDI value of less them 0.5 are considered as Low Human Development Countries by Human Development Report of 2014. Our estimates of population size are a critical. Anyway, the impact .on household saving can be negative, negligible or positivethe issue needs to be settled by empirical investigation. . In addition to the potential effects of population growth on economic inequality, population and economic growth have significant impacts on such controversial topics as international . It helps to forecast the country's economic needs, for example, electricity, housing, food, etc. Answer: What are the different indexes to measure Human Development? Population growth plays a conflicting role in the development process of a country. With decreased birth rate and with the already decreased death rate of 2nd stage, the economy witnesses both low birth rates and low death rates. Question 9. Aristole (384-322 B.C.) ii. India, as a developing Economy is facing the problem of heavy population and high birth rates. a) By reducing absenteeism arising out of ill health, good health contributes to Economic development by reducing production losses. Otherways, study of population would help you understanding the quality of a place. Population Density: The density of the population of the different areas of a country can easily be known. Finally, neo-Malthusians argue that excessive population growth and massive poverty in LDCs have greatly damaged the ecological balance by deforestation and land degradation. Above all, it is immeasurably complex. It is an important index or indicator that measures the extent of development of Human resources in a country. If the population decreasesthere is no need to increase the number of schools, hospitals, public housing etc this will stagnate the economy and bring in a negative spiral wave. Population census helps to reveal the total number of people who are of workable age and gainfully employed or unemployed. (Population Dynamics and Economic Development Working Paper). Question 9. This simply means France sized population going out of work and Japan size population senior citizens added. It helps us in making the right choice of wants. Tackling any systemic issue at the root cause . Education and Rural Development: Education contributes to rural development in the following ways. By designing their development programmes, LDCs can raise their levels of income and living standards. Answer: This is because of the feeling of the poor people that they are covered and supported by government welfare programmes. Blessed with (wise) brain to think among all living things, the population contributes to the development and promotion innovative ideas in the society. 3.1 World Population and Economic Well-Being: A Gla nce Review This phase of the paper presents and assesses the trend of population distribution relative to economic development indicators for selected countries across major economic regions in the world. This cookie is set by GDPR Cookie Consent plugin. Under the circumstance, the capital-shallowing effect may remain inoperative. Economic development is associated with declining importance of agriculture. Ayurveda Yunani Siddha Homeo (AYUSH) services. Effects of Economic Development on Population Growth. But given the same low level of income per head, a country India offers a more favourable environment setting up heavy capital goods industries which depends so much on the economies of scale their success. For instance, a lot of international investors are so much interested in setting up a business in countries like Nigeria because of her high population rate. The ability of workers to move easily from one job to another is called mobility of labour. Sarva Siksha Abhiyan was introduced in 2001-02 with the objective of providing Universal elementary education to all children in the age group of 6 -14 years by 2010. They are: 1st stage: According to the first stage, the country happens to be a underdeveloped and backward country with more importance to the agricultural sector. It is particularly important in economies such as that of India which must respond not only to changes of demand at home but also to foreign demand and competition. Indeed, there are high returns to investment in human capital. Population growth was a concern as far back as 1798, when English economist Thomas Malthus predicted that it would eventually reduce overall living standards. Female adult literacy rate and gross enrollment ratio and. However, empirical evidence suggests that technological changeor the so-called green revolution in agriculture in different LDCshas greatly offset the effects of diminishing returns in agriculture and the spectre of food problem and its aftermath (huger, famine, etc.,) in most of these countries has virtually vanished. Countries with a HDI value of ranging 0.7 and 0.8 are grouped as High Human Development Countries. It helps not only to estimate the changes in the population in the country at a specific time, but to also evaluate other crucial changes in the country's demographics. Answer: 4) Education helps in the provision of basic skills and make people modern and progressive. With such early marriages at very young age and longer child bearing age of women, birth rate is higher in India. It includes how people pay for care, how those payments are processed, and how health systems around the world can be restructured and improved. housing and food. The advantage that China had about 35 years back has come to haunt it, China introduced its ONE CHILD POLICY in 1979, in simple English this means that the child born in the 80s has no brother or sister and have to feed the aging parents too. To calculate the extent of human development in a society United Nations Development Programme in its report has developed. The control of famines by Indian Government after independence is an important cause of low birth rate in India. Population census helps the government in the optimal distribution of the resources of the country in order to ensure that the states that have a high population like Lagos and Kano will get more resources than areas which has a low population. The term human resources development refers to process of developing and improving the skills, talents, abilities and capabilities of human beings. Question 2. They argue that many young children contribute directly to parents income by working in farms and off-farm sectors. Explain the importance of health in Economic Development. Answer: 2010 [Google Scholar] Cocco Joao, Gomes Francisco, Maenhout Pascal. Along with other resources, the Economic Progress and Economic Development of a country depend upon the availability of man power or Human Resources in the country. AP Inter 2nd Year EconomicsImportant Questions, AP Inter 2nd Year Economics Important Questions Chapter 1 Economic Growth and Development, AP Inter 2nd Year Economics Important Questions Chapter 2 Population and Human Resources Development, AP Inter 2nd Year Civics Important Questions Chapter 1 The Constitution of India, AP Inter 1st Year Economics Important Questions Chapter 10 Economic Statistics, AP Inter 1st Year Civics Important Questions Chapter 12 Government, AP Inter 1st Year Civics Important Questions Chapter 11 Constitutions, AP Inter 1st Year Economics Important Questions Chapter 9 Money, Banking and Inflation, AP Inter 2nd Year Economics Important Questions Chapter Wise Pdf | Sr Inter Economics Important Questions, AP Inter 2nd Year Civics Important Questions Chapter Wise Pdf | Sr Inter Civics Important Questions, AP Inter 1st Year Economics Important Questions Chapter 8 Macro Economic Aspects, AP Inter 1st Year Civics Important Questions Chapter 10 Secularism. It is accounted for by the help of NI and the size of the population. 2nd Stage: In this stage, the Country/Economy becomes more developed economically. Models that incorporate age structure allow better prediction of population growth, plus the ability to associate this growth with the level of economic development in a region. Occupational changes in distribution of population in India: The importance of the population in macroeconomics is obviously visible. Population Growth Is Important For Business.
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