Question

An increase in a country's population may contribute to the rate of technological progress because a...

An increase in a country's population may contribute to the rate of technological progress because a larger population

Select one:

a. brings with it more scientists, inventors, and engineers.

b. forces natural resources to be spread more thinly.

c. forces the capital stock to be spread more thinly.

d. brings with it more favorable recognition from other countries.

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Answer #1

The answer to this question is OPTION A: Brings with it more scientists, inventors, and engineers.

Increasing Population may put a pressure on resources of an economy, given the constant level of resources as the resources are divided more thinly among the population. Further, Increasing Population does not earn any recognition from other countries. Only way to convert population into an asset is to increase the productivity of the resources which is possible only via the technological progress and know-how.

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