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Explain the effect of growth of size of the population on the economy. |
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Answer» The highest impacting factor in developing the human race of a particular country or state is the size and growth of population there. If the population is not controlled or remains to grow at a high rate, then the state lags behind in building a capable citizen base. The economy is negatively impacted if human capital does not grow according to its expectations. Therefore, the study of size and growth of population becomes necessary. |
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