Asked by Aimae Surig on Jun 10, 2024
Verified
Economist Michael Kremer found that world growth rates fell as population increased.
World Growth Rates
The rate at which the economic output of the world or specific countries increases over a given period of time.
Population
The entire group of individuals living in a particular area or country, or the total number of people within a specified demographic group.
- Understand the contribution of factors of production to the disparity in economic progression across countries.
Verified Answer
PV
Pearl Vander WaalJun 12, 2024
Final Answer :
False
Explanation :
Michael Kremer proposed that over the long term, population growth has been associated with technological innovation and economic growth, suggesting that larger populations have historically led to more ideas and innovations, contributing to higher growth rates.
Learning Objectives
- Understand the contribution of factors of production to the disparity in economic progression across countries.
Related questions
One Reason That Governments May Find It Useful to Sponsor ...
A Nation's Production Possibilities Curve Shows the Maximum Combinations of ...
A Reduction in the Unemployment Rate Will Cause the Nation's ...
In Recent Decades, Economic Growth Has Been Much More Rapid ...
In What Sense Is It Likely That Geography Has an ...