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Mathematics & Economics
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Topic:
Population growth. Mathematics and Economics Essay
Essay Instructions:
Use this site https://www(dot)nytimes(dot)com/interactive/2019/01/17/world/asia/china-population-crisis.html to answer the question in 250 words. (include graphs)
How does population growth affect a nation’s macroeconomic growth?
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Population Growth on Macroeconomic Development
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Population Growth on Macroeconomic Development
Macroeconomic growth entails the increase in a country’s rate of productivity within a specified period. This enhances profits for companies and boosts the country's economic profile. China is a nation with a looming decrease in population, which will lead to numerous challenges such as economic, demographic, and political problems. This resulted from the serial implementation of policies that were intended to curb the rate of population growth within the country. The number of children couples could have been limited, which implies that the nation will experience a negative population growth rate (Myers, Wu, & Fu, 2020).
A representation of China growing elderly population and decreasing working age
In the next few years, the country will be affected by an increasingly aging population, with very few workers to sustain the economy of the nation. There will also be new demands on the economy to care for t...
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