What caused the end of malthusian age, Microeconomics

Assignment Help:

So what caused the end of Malthusian age? How did humanity escape from the trap in that invention and ingenuity increased the numbers though not the material well-being of humanity?

The key is that even in Malthusian age, the pace at which inventions were made increased steadily. First of all, the population grew. Inventions made communication easier: especially after the invention of printing knowledge could diffuse quickly and widely. More people meant more inventions: two heads are greater than one. The rate of technological progress slowly rose over millennia. And about 1500 it passed the point at that natural resource scarcity couldn't fully offset it. Sustained increases not just in population though in the productivity of labor followed.

At first the rise in material standards of living brought sharp increases in the rate of population growth: population explosion. However as material standards of living rose far above subsistence, countries began to undergo the demographic transition.

 


Related Discussions:- What caused the end of malthusian age

Demand and supply, how to draw a table of the demand and supply scdule

how to draw a table of the demand and supply scdule

Monopoly, Tuan lives in a town with only one movie rental store. Suppose Tu...

Tuan lives in a town with only one movie rental store. Suppose Tuan’s demand for movie rentals per month is Q = 16- 2P . The movie store currently charges $5 per movie, but is thin

3, . Crumble Corporation produces cookies. Here is the relationship betwee...

. Crumble Corporation produces cookies. Here is the relationship between the number of workers and output (in dozens of cookies) in a given day: Workers Output Marginal Product

Original consumer surplus and original producer surplus, In equilibrium, wh...

In equilibrium, what are the letters and the total dollar amounts that correspond to the area for the... i. Original Consumer Surplus?  ii. Original Producer Surplus? iii.

#3, Consider a two-period economy with a single commodity (say leisure): x1...

Consider a two-period economy with a single commodity (say leisure): x1 is the con- sumption of leisure in period 1, and x2 is the consumption of leisure in period 2. When Peter ev

Marginal utility, prove that marginal utility of x=the price of commodity ...

prove that marginal utility of x=the price of commodity x.

Government finance: union and states, GOVERNMENT FINANCE: UNION  AND STATE...

GOVERNMENT FINANCE: UNION  AND STATES: The fiscal position of the Governments - both Centre and States - has been under stress since the mid-1980s. The stress stems from the i

Elastic and inelastic demand, Elastic and Inelastic Demand can be understoo...

Elastic and Inelastic Demand can be understood as follows: Slope and elasticity of demand have an inverse relationship between them. When slope is high elasticity of demand bec

Is it possible for a firm to be price taker and price maker, Is it possible...

Is it possible for a firm to be both Price taker and price maker?  A firm can either be a price taker or a price maker. It cannot be price maker and price taker at the similar

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd