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Q102 (UPPCS/2023) Economy › Growth, Development, Poverty & Employment

Role of Human Resources in Economic development, which of the following statement/s is/are correct?
1. Effects of economic development on population growth.
2. Effects of population growth in economic development.
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Result
Your answer: —  Â·  Correct: D

Explanation

The relationship between human resources and economic development is reciprocal and bidirectional. Statement 1 is correct because economic development significantly influences population dynamics. As an economy progresses, improvements in healthcare, nutrition, and education (especially for women) lead to changes in birth and death rates, a process described by the Demographic Transition Theory. Statement 2 is correct because population growth is a key determinant of economic development. A growing population provides the necessary labor force and creates domestic demand (the Demographic Dividend). However, if population growth exceeds the economy's capacity to provide infrastructure and human capital investment, it can also act as a constraint. Thus, both statements correctly identify the two-way interaction between human resources and development.

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SIMILAR QUESTIONS

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