Topic: Population: Economic strength or weakness (Read 1682 times)

Sizeable population doesn't mean higher purchasing power for example India is the most populous country in the world and despite that Japan, with just Eight percent of that population of India is having a higher purchasing power. It depends on a lot of things other than population such as education, skillset and market condition. In some cases having a larger population can be a disadvantage. This can be true if the population is mostly uneducated and dependent on government subsidies and freebies also if the population is divided based on caste and quantity, because the government has given priority to those group, which has a larger quantity and there the priority may not be for economic development

I agree with this, indeed it all depends on the governance of the government. Even though the population is stable, if the governance is not good it will cause problems for the economy, for example if there is a lot of corruption in the country, and so on.
It will definitely cause problems for the economy itself.
So in my opinion it depends on how the government can handle this related matter.

A well educated country with sizeable population would have a high purchasing power consequently the economy of that country would improve, China with their huge population had well utilized it, they have a large strength of military personnel which is a very big advantage, in technology many of their youths are trained to build and assembled electronic, electrical gadgets and other equipment and so on, though the country has put on policy to control their population yet the existing policies is developing the country, however countries where there is overpopulation especially in some African countries unfortunately hadn't utilize that opportunity due to high level of corruption by their rulers.

In the war against Ukraine, Putin’s Russia wins individual battles only due to numerical superiority. Storming the small town of Bakhmut for nine months, the Russians lost about ten times more of their troops than the Ukrainians, but still captured it. Now they are trying to do the same with another settlement, Avdeevka, while suffering colossal losses in manpower and equipment.

At the same time, the Russian command understands perfectly well that regular, already poorly trained, reinforcements will survive until the second battle at most. Therefore, minimal attention is paid to medical and food supplies, as well as to the equipment of soldiers. Ukrainian drones sometimes record how Russians finish off their wounded on the battlefield and take away their weapons and even clothes. According to intercepted conversations, Russians complain that they have nothing to eat in the trenches and are forced to eat mice and rats, which are abundant in the fields in the fall.
If, for various reasons, soldiers refuse to go into senseless “meat” attacks, that is, without the support of armored vehicles and artillery, or leave their positions and retreat, they are simply killed by their own or barrage detachments.
Therefore, a large population in the hands of a dictator is strength and advantage.

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It will depends on the country's resources that large population act as a curse or blessing but we should remember that we cannot minimize population but we can enhance resources for them. There is a solution for every problem so we should investigate about betterment that how we should enhance the quality production of our products.
If population are reduces then the number of young people will reduces which play a vital role by participating in our army and help in the elimination of criminal activities from country.

Population cannot be controlled and is not in the hand of government but they should realize their duty to provide a good job to each individual so if they have job they will work for country otherwise they will act as a burden instead of giving benefits to its country. Population should have firm believe that whenever country needs them they will be there because if large population cannot give advantages to a country then I think there will be no love in their heart for their countries.

In the end, the best level of population depends on a country's economy and its ability to provide them with great services while at the same time good employment with standard compensations.

At the moment, the top 3 most densely populated countries are Monaco, Singapore, and Bahrain. These 3 countries are also very rich. Based on the IMF records of GDP (PPP) per capita, Singapore is 3rd, Monaco is 4th and Bahrain is 24th. But as we also noticed, these countries are just very small, especially Monaco and Singapore which looked like metro cities.

Bigger countries with a huge population density however are mostly developing and poor. Here in my country, millions are forced to seek jobs overseas due to the lack of opportunities and lower compensation.

Completely agree, whether a country's population is a boon or a bane depends on the country. It depends on the leaders and their policymakers whether the demographic dividend, or overall population, is useful or wasteful. China, to control population growth, implemented a one-child policy between 1979 and 2015, a period of nearly 35 years. But they later realize that the number of young people in China is drastically reduced, and later, after 2016, they drop the one-child policy. Population is a strength for a nation when it's controlled and the government uses its potential, but it's a curse when there's rapid population growth and it's a burden to the economy.

The population is a valuable resource. However, as with any resource, how you use and manage it matters greatly. Largely populated nations have full with possibilities. huge possibility. However, they must control and harness it. We witness the consequences if they don't. Take a peek at India and Nigeria

Technology, it's the future. It's a challenge, though. AI reduces the need for workers. reduced employment in a world where population growth is exponential. That is an issue. a massive issue. But you know the answer, my friend. You have it. Farming and cultivation. Although it's old, it's gold. It's a means of using the populace, providing jobs, and boosting productivity. Nations must witness this. They must be aware of this. And they must take action. Take immediate action. Because it will be too late if they wait to act otherwise. It is too late to rescue their people and their economies. Thus, let us return to our agricultural roots and rebuild the strength of our countries

In my opinion economy is strength and weakness both. Look if a nation has use amount of money. That is strength for the nation because the nation can buy anything for his public and country. Money help the nation to stay strong and full feel every demand of the public of a nation. Beside you can see those countries don't have enough amount of money they can feel they demand of their country and they leave under the property level. People of this country don't get enough food for leaving. They didn't feel there demand easily they have to suffer a lot because of economical problem of his country.

Beside if a person have huge amount of money he can do anything you want. He don't have any kind of problem he can do work as he want there is no problem of food living etc. On the other hand you can see those people who live under the provety line they can full fill their demand this suffer from food crisis and many kind of problem.

Being a resident of India, I need to say that ours is a very large and diverse country. Population growth rate is not the same in all the regions. The TFR (children born per woman) ranges from 1.1 in Sikkim to 4.0 in Bihar. The state with maximum population growth (Bihar) is the state with lowest HDI. On the other hand, states with sub-replacement fertility such as Sikkim, Goa, Kerala, Himachal, Uttarakhand, TN, Punjab and Andhra do have much higher HDI. That said, a lot of migration occurs from the states with high population growth towards states with higher HDI.

If a country has a larger population it depends on how the country makes use of it, some countries have large population resources and try to manage them well. If they are managed resources then the economy will have a balance, and this will only happen in countries where their system is working because some countries that have a large population find it very difficult to pay salaries even to care for their citizens becomes more difficult.  I noticed that the majority of these countries that have high population have a way of suffering from poverty like places like Nigeria and India etc. and the way the world is coming when everything is turning technological they only need very few people to work in companies the only thing I can suggest to other countries is for them to re-track back to farming agriculture, at least this could be one of the measures to utilize population and they don't take population as a concern now when it gets out of hand then it will become more difficult to handle.

Excess human resources can have a positive or negative impact depending on how the processing of human resources can be balanced or not with the number of opportunities or the number of job opportunities provided. If the number of job opportunities is very minimal and is far from the abundance of human resources, this will clearly cause unemployment to increase rapidly. So it is not surprising that many workers are even willing to go to other countries to work because of the lack of job vacancies in their own country.

And the solution for countries that have excess worker resources is that they must be given the opportunity to work abroad. by way of government working together with countries that need workers. Because some developed countries sometimes lack workers and have to bring in workers from several developing countries. And yes, this can provide benefits to all parties. And this method has been widely used nowadays.

It can be correct, or it can be incorrect. At the very least, the illustration goes like this.

A large population can indeed contribute to a nation's progress, but there are other critical parameters to consider, namely the quality of its citizens. We reference the prevailing mindset of the populace. If the population can be productive through effective and efficient work methods, this, of course, will have a favorable impact on all aspects of the nation. The role of education is pivotal here; when educational institutions provide high-quality knowledge to children, the nation is more likely to harness the advantages of its large population.

Conversely, if a substantial portion of the population consists of closed-minded individuals with below-average intelligence, any claims of that nation's success can be perceived as mere illusions.

As for marketing, remember that people don't exclusively reside within our borders. There are 8 billion people on this planet who can be potential targets if you genuinely want to sell something. In other words, savvy individuals can market their products through exports and need not fixate solely on their domestic market, even if the population is small.

Are you all envious of Singapore with its mere 5 million inhabitants? It's a far cry from India with its staggering 1.4 billion.

It is possible that two things will happen if an area has a large population, it could also have a bad impact. This will really depend on the human resources in that place, because if the population in an area is dense and on average does not have enough income to meet their needs, of course this will being a very bad thing poverty will make everything more difficult. Yes, you are right, to be able to make a country's economy strong, it is really necessary for people to have productivity so that people have income to be able to meet their needs.

as long as you can utilize the excess population, this can be used as a force to develop a country's economy, but it is not easy to coordinate the excess number of human resources, because if it is wrong, it will only result in an increase in the number of poverty rates, therefore infrastructure, Natural resources, human resources and other supporting facilities are the strength to create a country with a strong economy

China is an example of a country that planned ahead for its population growth. They’ve got a strong economy simply cause they manufacture and export more than they import. Being trade partners with lots of countries, there is no shortage in demand for these goods.
There are lots of examples of countries having a considerable high population but poor economy with a low standard of living for most of its citizens. The more the population, the more the economic strength is wishful thinking as a growth in population in a country would overwhelm any government that fails to envisage and plan for the population growth.

Population has always been the strenght of economies except the people in power do not know how to utilise it. Even in battles, number speaks louder than strategy.

The economic strength of any nation or people is solely intertwined with their population, both in business and other areas of life. They can achieve more and produce more when they are more. Imagine producing a product to be bought by 1.4 billion people, even if the product is sold for $1 per unit, it simply means the economy just attracted $1.4bn on just one product, and that is a plus for the economy of that nation.

I also think population is actually strength for a country. Although I disagree with the person you quoted because China and India don't compare.  China is ahead of India in almost all sectors starting from technology.  And I think the reason for this is that the population is considered weak and people's skills are not being developed.
So I want to say that population is the source of strength for those countries or nations who are not lazy who are always working and hard work is the source of population strength for those nations. If we look at India from this point of view, a large part of the population of India is still below the poverty line because they are not as skilled as other nations because they are lazy in terms of technical work.

Population is a blessing if there are more young people who can work and develop the economy. Population is a curse if the ratio of older people to younger people are high and of curse they cannot do any work thereby leaving the economy unproductive and undeveloped. For example China with its large population at some point had more older people than younger people who could work with their one child policy. After they looked at it and saw that it is unfavorable to have more older people than younger people they had to stop the one baby policy but still I've read that younger people are not interested in having babies anymore so this is a problem for an economy. Soon there would be more aged people who cannot work and the economy will grind to a stand still unless they get robots to help them  out.

Rightly said population is of immense importance for the economic development of a country. Skilled manpower in particular is an essential component of the country's economic development. A country is rich in natural resources but cannot use the accumulated resources due to lack of sufficient population. More people in a country can lead to a larger workforce and easier access to labor and population the country needs to develop. More labor will result in more goods being produced which will lead to economic growth population growth leads to an expansion of labor and goods that grow the economy.