Populations Effect On The Economy

• Larger working-age population (15–64 years) → more labor available → higher potential for production and economic growth.

• Population growth can expand the domestic market, stimulating demand for goods and services and encouraging investment.

• Too many dependents (children + elderly) relative to workers → higher dependency ratio → economic strain.

• Government policies: Effective policies concerning education, healthcare, employment, and social security play a crucial role in shaping the economic impact of population dynamics

Social Cost

Specialization