What would benefit a nation most, a small or a large population? A larger population is not a curse to a nation. Yes, the number counts and a nation having a larger population is assured to succeed. A nation with a rapid increase of population, if well managed, is a very positive impact to sustainable and effective growth. What better strength can a nation have than a multitude of able-bodied residents, prepared to run its equipment, produce it harvests, educate its children, create its art and deliver a enormous range of merchandises and facilities that make a nation successful and contented. The major advantages to a nation with a large population are economic development and its power and national security. A rising population can help achieve economic development. It should not come as a surprise that some nations like, Vietnam, Indonesia and Philippines are still maintaining a positive growth in their gross domestic product. For example in Indonesia, they have about 250 million consumers, meaning that their GDP is driven by domestic consumption, all thanks to large populations which stimulate an increase in the sales of customer goods and services. An increase in the consumer goods and services leads to increase in demand meaning an increase in productivity (a decrease in cost of production per unit with an increase in volume). Moreover, when there is a larger population, there tend to be high birth rates, meaning younger populations. There are a lot of advantages of having a large and younger population to a country’s economic growth. Larger populations empowers government to invest more on education accomplishment for the citizens, accepting new advance technologies and most importantly it attracts the investors and multinational businesses from established countries eyeing for less labor cost. It is assumed that foreign investors will make higher reserves in these populous countries. Therefore, though a country with a rapid growing population have a...
Please join StudyMode to read the full document