A positive effect of a rapid population increase is

  • A an excessive budget deficit
  • B a reduction in standard of living
  • C a wider market for goods and services
  • D a higher dependency ratio
jamb 2022economics

The correct answer is C. a wider market for goods and services

The positive effect of the large population is that :

- it increases the availability of cheap labour

- It leads to the formation of the large market as investors would like to invest in a country with a large population

- it motivates people to innovate

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