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Chapter 1
5. The size of a country's population and the associated age distribution can be causa; factors for
enonmic growth. Why is the size of the population important to economic development? Can
size be a disadvantage? Why is age distribution so important?
7. Technology can impact economic development on both a macro and micro level. What types
of technology do we need to have such impacts on a macro basis? on a micro basis?
8. Robotics have attracted more attention in recent yeaars. Why? How are robots being used in
supply chain?
Solution
5.
The effect of population growth can be positive or negative depending on the circumstances. A
large population has the potential to be great for economic development: after all, the more
people you have, the more work is done, and the more work is done, the more value (or, in other
words, money) is created. So, surely this can be nothing but good. There's a reason that farmers
often have a lot of kids - more kids means more workers.
But, unfortunately, it isn't that simple. In a country with abundant resources and money - a rich
country - perhaps more people is a good thing. But that isn't always the case in countries with
limited resources. Limited resources and a larger population puts pressures on the resources that
do exist. More people means more mouths to feed, more health care and education services to
provide, and so forth. So, population can be a mixed bag.
Age distribution, also called Age Composition, in population studies, the proportionate numbers
of persons in successive age categories in a given population. Age distributions differ among
countries mainly because of differences in the levels and trends of fertility. A population with
persistently highfertility, for instance, has a large proportion of children and a small proportion
of aged persons. A population, such as that of France, in which fertility has been low for a long
time, has a smaller proportion of children and a larger proportion of aged persons. Changes in
fertility have an immediate effect on numbers of children, but many years must pass before the
change affects the numbers above childhood. Thus, a population that has experienced a recent
decline in fertility tends to have relatively small numbers both of children and of aged persons
and a large proportion of adults in the middle ages.
Age distributions have also been influenced in varying ways by migrations, war losses, and
differences in mortality—though these effects are generally less important than the influence of
variations in fertility. Yet the migration of young adults, who bring children with them or soon
have children in the area to which they move, is likely to swell the number both of adults in the
middle ages and of children in the receiving country, while the proportion of aged persons
remains low—with reverse effects on the population of an area from which there is a large net
out movement.
7.Increased globalization by crossing country borders through economic intregation improves the
economies of many countries. technology used here is advanced transportation. Transportation is
one of the most critical and important ingrediaent of macro and micro economic growth of a
country. The global flow between countries import and export continues to expand which is an
important factor for growth of trade flow.

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Chapter 15. The size of a countrys population and the associated.pdf

  • 1. Chapter 1 5. The size of a country's population and the associated age distribution can be causa; factors for enonmic growth. Why is the size of the population important to economic development? Can size be a disadvantage? Why is age distribution so important? 7. Technology can impact economic development on both a macro and micro level. What types of technology do we need to have such impacts on a macro basis? on a micro basis? 8. Robotics have attracted more attention in recent yeaars. Why? How are robots being used in supply chain? Solution 5. The effect of population growth can be positive or negative depending on the circumstances. A large population has the potential to be great for economic development: after all, the more people you have, the more work is done, and the more work is done, the more value (or, in other words, money) is created. So, surely this can be nothing but good. There's a reason that farmers often have a lot of kids - more kids means more workers. But, unfortunately, it isn't that simple. In a country with abundant resources and money - a rich country - perhaps more people is a good thing. But that isn't always the case in countries with limited resources. Limited resources and a larger population puts pressures on the resources that do exist. More people means more mouths to feed, more health care and education services to provide, and so forth. So, population can be a mixed bag. Age distribution, also called Age Composition, in population studies, the proportionate numbers of persons in successive age categories in a given population. Age distributions differ among countries mainly because of differences in the levels and trends of fertility. A population with persistently highfertility, for instance, has a large proportion of children and a small proportion of aged persons. A population, such as that of France, in which fertility has been low for a long time, has a smaller proportion of children and a larger proportion of aged persons. Changes in fertility have an immediate effect on numbers of children, but many years must pass before the change affects the numbers above childhood. Thus, a population that has experienced a recent decline in fertility tends to have relatively small numbers both of children and of aged persons and a large proportion of adults in the middle ages. Age distributions have also been influenced in varying ways by migrations, war losses, and differences in mortality—though these effects are generally less important than the influence of variations in fertility. Yet the migration of young adults, who bring children with them or soon
  • 2. have children in the area to which they move, is likely to swell the number both of adults in the middle ages and of children in the receiving country, while the proportion of aged persons remains low—with reverse effects on the population of an area from which there is a large net out movement. 7.Increased globalization by crossing country borders through economic intregation improves the economies of many countries. technology used here is advanced transportation. Transportation is one of the most critical and important ingrediaent of macro and micro economic growth of a country. The global flow between countries import and export continues to expand which is an important factor for growth of trade flow.