Answer» - The economic development in any country/region depends upon the quantity and quality of its people.
- Higher the numbers of people lower the per capita income, which indicates low development in the country/region.
- Lesser number of people in the country/region lead to shortage of skilled labour and limited development. Higher number of populations is good for the development of the country/region.
- The quality of people includes age structure, sex ratio, occupational structure, literacy rate, etc. If these aspects of the population are favourable, then there is development in the country/ region.
- Age group of people in the country also affects the development. If there are more people in the working age group then there is more economic development.
- Migration also affects the economic development of the region/country. If people migrate to any region it indicates employment opportunities and economic development.
- However, too much migration may create pressure of population on available resources and labour thus, adversely affecting the development of the country/region.
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