Question

Population growth can be both a positive and negative factor for living standards. Explain why this is so.

Answer 1

It can actually be mentioned that population growth can actually be considered as both a positive as well as the negative factor for living standards and this is because if there is population growth, then there's more amount of workforce as a result of which the productivity increases which increases the GDP with which living standard can increase. But on the other hand if the population increases , then there can be scarcity of resources as a result of which the demand increases with which prices increase and this isn't a good sign and the living standards can fall as well all in all.