What can economics tell us about the ideal number of people

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Reference no: EM131830985

Sometimes poor countries have a lot of people; India has more than 1 billion residents. Indians are relatively poor, and we know that as families become wealthy, they tend to limit their number of children.

So, a much wealthier India, over time, would probably have many fewer than 1 billion inhabitants.

Would this make for a better India or a worse India? Although each Indian would have much more, there would be fewer Indians.

As a result, is there any argument for keeping India poor, so as to have a higher number of people? If not, why not?

In general, what can economics tell us about the ideal number of people in a society? Anything at all?

Reference no: EM131830985

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