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Growth rates in developing nations are similar to those in USA and Europe in the 1800’s
Effects on Business Lower growth rates than previously projected Previous estimates anticipated population passing 11 billion Current predictions have population maxing at 9 billion Businesses need to change strategy because of new information
Effects on Business High percentage of senior citizens in developed nations Dramatic changes in size of workforce Shift in consumer preferences Financial strain caused by pensions
Effects on Business Immigration Caused by unemployment resulting from population growth Developing nations may lose most productive citizens Businesses may expand into developing nations Less expensive labor for businesses Provide employment for citizens of developing nations