Question

state and explain three positive effects and three negative effects of high population growth on the socio-economic development of Ghana

please it should be typed and not hand wriiten

Answer 1

Three positive effects of high population growth on the socio-economic development of Ghana are as follow-

1. High population growth will lead to high consumption spending which will increase the aggregate demand of the economy.
2. The country will be able to achieve its demographic transitions.
3. High population growth will help in achieving economic growth due to urbanisation.

Three negative effects of high population growth on the socio-economic development of Ghana are as follow-

1. High population growth lead to a decline in the capital formation as it reduces the availability of capital per head, and hence the productivity.
2. For a third world country like Ghana, higher population growth will require higher rates of investment.
3. High population will decrease the availability of jobs and hence reduce employment in the country.