Question on: JAMB Economics - 1995

An increasing population might be of economic benefit to a country if?

A
the female population is greater than the male population
B
the dependency ratio is increasing as the total population increases
C
a continuosly higher proportion falls into working class category
D
the rural and urban proportion ae balanced
Ask EduPadi AI for a detailed answer
Correct Option: C

An increasing population can be economically beneficial if a continuously higher proportion of the population falls into the working-class category. This means a larger labor force is available, potentially leading to increased production, economic growth, and higher standards of living.

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses