The Population Factor in the Economies of Southern Africa
Population, as a factor in the economy, has two dimensions: a qualitative and a quantitative. Viewed quantitatively, it can be both a depressant and a stimulant The former function is easily appreciated when numbers are considered as the divisor in the ratio national product/population, which yields the product per capita. The larger the denominator, the smaller the ratio. Population is a stimulant when its increase is a motive force evoking economic action which would not have materialised otherwise.
KeywordsLabour Force Accelerate Development Southern African Region Southern African Country Subsistence Sector
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