Question

In: Economics

In a _______ economy there is no sustained per capita economic

In a _______  economy there is no sustained per capita economic _______  because population always increases following any one-time increase in output (food). (fill in the blanks)

Solutions

Expert Solution

In a Malthusian economy

no sustained per capita economic growth / Development

Thus there is always an imbalance between the population growth & the supporting agricultural capacity , to provide enough food to serve the entire population


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