Question

Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?

A. The key to economic growth is to keep taxes and government regulations to a minimum.
B.,nd economies are more likely to encourage economic growth than free market economies.
C. Allowing people to follow their self-interest is the best way to generate economic growth and prosperity.
D. A society will not experience sustainable economic progress unless it accepts the need to limit population growth.

Answer 1

D

Step-by-step explanation:

The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.