In modern economies, the Malthusian theory of population is ineffective because of
Answer Details
In modern economies, the Malthusian theory of population is ineffective because of technical progress and government policies.
The Malthusian theory of population, developed by Thomas Malthus in the 18th century, states that population growth will eventually outstrip food supply, leading to famine and poverty. However, this theory has proven to be incorrect in modern economies due to advancements in agriculture and food production, as well as government policies that promote economic growth and development.
In simpler terms, the Malthusian theory is no longer valid because technology has allowed us to produce more food than ever before, and governments have implemented policies that help the economy grow and meet the needs of a growing population. This has prevented the population growth from outpacing food supply and leading to widespread poverty and famine.