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Population and its effect on Economy

Population growth always has both positive and negative effects on economic growth. The positive effect is that there will be more manpower for labor and there will be abundance of materials. Industrialisation will bring a good turn to the economy of the area. Awareness about education, living standards, health conciousness will improve with growth in population. Per capita income of that area increases. This contributes to the economic development. When population increases there is more utilisation of resources. Densely populated area will lead to pollution in the environment. Food, clothing, shelter becomes dearer day by day. These are the negative effects of population on economy. Jahnavi Participating in A to Z challenge