The purpose of this assignment is to analyze the impacts of the impacts of overpopulation on the economic development of Pakistan.
Contents of Study:
In order to see the role of population in the economic development, we will consider the world population and growth rate in comparison to that of Pakistan. The qualitative aspects of population, major factors affecting population growth, Malthusian population trap, the problems created by overpopulation and the possible solutions to the problems. All this will be done with the help of graphs.
Overpopulation can be defined as the condition where "finite resources of a particular area will run out if the population expands beyond a given point". Economics is defined as the social science dealing with the allocation of scarce resources. The earth has a reserve of scarce resources and when the population exceeds a certain level, allocation of these resources becomes difficult and leads to various economic problems such as unemployment and poverty.
The population of the world has reached six billion. There has been a gradual increase in the world population over the centuries (see table 2.1 and fig. 2.2). During the 1950's the growth rate was low a mere 1.47%, it further decreased during the 1960's.The main reason for this decline was that if at that time an epidemic spread, it ravaged millions of people. Also the infant mortality rate was high but despite the less use of contraceptives, the population growth rate was low. In the decade of 1970, the population increased very quickly and problems related to overpopulation arose. This made the people realize the need...