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How world population growth effecting economy

How world population growth effecting economy

How world population growth effecting economyThe economy of country is affected by various factors like capital goods, human and natural resources. These factors have great influence in the development of economy. The most important recourse is human resource, because they utilize the natural resources present in country. They make different strategies and plans to utilize them efficiently. For this manpower or human recourse is very important. In this way for the progress of economic development population play an important role. It provides efficient and skilled labor for the development of economy.  But at the same time it can become Burdon on the natural resource and can hamper the economic growth.

Mainly there are two opinions about the population. Some economists say that population is very important natural recourse and it must grow for the development of economy. Other economist which have exactly opposite opinion about population and they consider it a major problem for the economic development.

One of the best ways is to make a strategy, while keeping in mind all the major constraints and the availability of natural resources in the country. The requirement is not only to make a strategy, but implement it in effective manners so that almost every person in the country can take advantage from it. By this, everyone will be more productive and work for the development of nation. The major thing is to improve the efficiency of labor, so that they can contribute well for the progress of the nation.

Almost every country should propose and adopt some positive control policy regarding population with some basic steps that are required for development. These policies compromise of the natural reduction of overall birth rate of a country. Some basic activities are also required for developing this policy in more feasible way.

 

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@iMZahidIqbal @eZahidIqbal

Member of National Youth Assembly of Pakistan. Writing about developing World technologies and entrepreneurship. Associate at Microsoft BizSpark & International Development Innovation Network. Follow me on Twitter and Facebook.

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