Income and Population Age Structure Essay -- Economics Income GNP Essa

Income and Population Age Structure A) Relationship between per capita GNP and population growth GNP is the value of all final goods and services produced in an economy over a period of one year. Thus per capita GNP is the division of value of goods and services available to each person in a country, i.e. it is the per head income in a country. And population growth is the rate, by which population grows in an economy. From the above drawn diagrams it can be said that the higher the population growth rate the lower the per capita GNP and vice versa. This is due to the fact that if the population increases at a faster rate the GNP will spread over a large number of people thus reducing the value of the Gross National Product per head. Similarly if the population grows at a slower rate the GNP is spread over fewer numbers of people thus increasing the value of the Gross National Product per head. To further illustrate this we can take into consideration countries like Jordan which has a relatively high population growth rate of a 4.9 and a per capita GNP of onl... Income and Population Age Structure Essay -- Economics Income GNP Essa Income and Population Age Structure A) Relationship between per capita GNP and population growth GNP is the value of all final goods and services produced in an economy over a period of one year. Thus per capita GNP is the division of value of goods and services available to each person in a country, i.e. it is the per head income in a country. And population growth is the rate, by which population grows in an economy. From the above drawn diagrams it can be said that the higher the population growth rate the lower the per capita GNP and vice versa. This is due to the fact that if the population increases at a faster rate the GNP will spread over a large number of people thus reducing the value of the Gross National Product per head. Similarly if the population grows at a slower rate the GNP is spread over fewer numbers of people thus increasing the value of the Gross National Product per head. To further illustrate this we can take into consideration countries like Jordan which has a relatively high population growth rate of a 4.9 and a per capita GNP of onl...