A country whose population size is too small relative to its resource is

Assessment: WAEC SSCE - Economics - 2010 (Objective) Subject: Economics

Question 1 Report

A country whose population size is too small relative to its resource is

Answer Details
An underpopulated country is a country whose population size is too small relative to its resources. This means that the country has more resources than it has people to utilize them. As a result, the country may experience underutilization of resources and a lack of economic growth. An underpopulated country may also have a low labor force, which can lead to low productivity and slow economic growth.
Read lesson note on International Trade (JAMB)
Read lesson note on Factors Of Production (WAEC)
Read lesson note on Population (JAMB)
View Answer

Related Questions

1

Which of the following causes the demand curve to shift to the right?
2

A tent-making factory offers
3

The slope of a supply curve is
4

In which of the following economic system do we have mostly private ownership of resources and individual decision making?
5

Find the median of the following set of scores 8,9,6,5,10
6

Goods for which demands rises as income rises are
7

The following are examples of economic goods except
8

The sum of items divided by the number of items is the

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning