Asked by Wendy Thurmond on May 14, 2024
Verified
Which statement is true about the Malthusian theory?
A) It predicts that famine can easily be averted.
B) It is an application of the law of diminishing returns.
C) It is unduly optimistiC.
D) It has proven true in most countries.
Malthusian Theory
A principle suggesting that population growth will outpace agricultural production, leading to widespread poverty and famine.
Law of Diminishing Returns
An economic principle stating that adding more of one factor of production, while holding others constant, will at some point yield lower per-unit returns.
- Comprehend the fundamental concepts of the Malthusian theory concerning the expansion of population and its controls.
Verified Answer
SA
shaharial adittoMay 15, 2024
Final Answer :
B
Explanation :
The Malthusian theory is an application of the law of diminishing returns, which states that as the population grows, the marginal product of labor will eventually decline, leading to a decrease in overall output. This theory also predicts that the population will eventually outgrow its resources, leading to famine and other forms of hardship. Therefore, option A and C are both incorrect. Option D is also incorrect as the Malthusian theory has not proven true in most countries, as many countries have been able to increase their food production and per capita income despite population growth.
Learning Objectives
- Comprehend the fundamental concepts of the Malthusian theory concerning the expansion of population and its controls.
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