one economic implication of over-population is that it

Assessment: WAEC SSCE - Economics - 2000 (Objective) Subject: Economics

Question 1 Report

one economic implication of over-population is that it
Answer Details
Over-population can lead to a fall in per capita income. This is because over-population leads to an increase in the labor supply, which in turn leads to a decrease in wages. As a result, individuals have less disposable income to spend on goods and services. This leads to a decrease in the demand for goods and services, and ultimately, a fall in per capita income. Additionally, over-population can lead to an increase in competition for resources, such as housing and food, which can further reduce individuals' purchasing power and contribute to a decrease in per capita income.

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