What happens when economic growth is less than population growth?
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"How do you know a limit does not exist?"
1 Answer
May 3, 2017
Look at India.
Explanation:
When economic growth tends to be less than population growth, there is more "demand" for trade than there is "supply". In this case, there will not only be an extreme scale from the poor to rich, but it essentially "sets" someones economic value - especially those who are in the poorer group.
