Question

In 250 words What attempts are underway today to solve the problems of overpopulation and world hunger identified by David Ricardo and Thomas R. Malthus? Give examples and support with details drawing upon the work of scholars. please type

Answer 1

Ricardo was the child of a London stockbroker who himself made a fortune on the securities exchange. In 1809 Ricardo distributed a flyer contending that paper cash ought to be sponsored up by valuable metals. This was known as The High Price of Bullion, A Proof of the Depreciation of Banknotes and it pulled in the consideration of James Mill. Factory urged him to compose more and in 1817 he distributed his Principles of Political Economy and Taxation. In 1819 Ricardo turned into the Radical MP for Portarlington and in the House of Commons, he was the main rival of the Corn Laws and a defender of facilitated commerce.

At the East India College Malthus built up a hypothesis of a lease which he viewed as the immediate result of his standard of the populace. In the event that populace will in general increment more quickly than subsistence, Malthus contended, individuals will persistently need to bring under development soils of a second rate quality. The work expected to create nourishment would go up thus would the cost of nourishment.

In "On the Influence of a Low Price of Corn on the Profits of Stock", Ricardo acknowledged the two laws Malthus had planned: his law of populace, and his law of lease. Ricardo, be that as it may, dismissed the protectionist outcomes which Malthus derived from his laws in his exposition of 1815. To demonstrate his own precept of Free Trade he based upon Malthus' laws his own framework. Ricardo's framework demonstrated the laws that administered the conveyance of riches between various classes.

Since the times of David Ricardo and Thomas R. Malthus, the world has progressed at a rapid pace, during their time, there wasn’t much scientific advancement, but all thanks to industrial revolution, agricultural revolution, and scientific advancement, we as society have managed to keep the hunger crisis largely at bay, we have invented ways to optimize agricultural output from a finite piece of land, once fatal disease is now cured just by medicines, people living in farfetched lands are also provided with food supplies because of the advancement in transportation sector.
All these measures have made the world a better place to live in.