Mindful
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Malthus believed that the population will continue to outrun the growth of resources. He looked at the economy in a pessimistic manner and viewed poverty as unavoidable. His opinions were coloured by the increased population growth in England. He assumed that the growth would be disastrous and he should warn the fellow-countrymen about the state of the economy due to the population growth.
According to him, resource production increases by arithmetic progression. An arithmetic progression is an order of numbers in which the difference between the consecutive numbers is the same. For example, 3,6,9 is an arithmetic progression with the common difference being 3.
From this, Malthus concluded that population growth will be faster than resource production. The growth can lead to a reduction in the food supply.
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Population and Food Supply
Malthus stated that the population grows through geometric progression. The geometric progression is an order of numbers (excluding zero) wherein each number after the first is multiplied by the previous one by a fixed number (excluding zero) called the common ratio. For example, 2,4,8,16 is a geometric progression with 2 being the common ratio.According to him, resource production increases by arithmetic progression. An arithmetic progression is an order of numbers in which the difference between the consecutive numbers is the same. For example, 3,6,9 is an arithmetic progression with the common difference being 3.
From this, Malthus concluded that population growth will be faster than resource production. The growth can lead to a reduction in the food supply.
Population Controls
Malthus gave two types of ‘checks’ that prevent population growth based on resource supply. >>>>>
Malthusian Theory of Population | Thomas Malthus
Thomas Malthus was a well-known economist who developed many population growth theories including Malthusian theory of population. Depletion of food supply and resources is inevitable due to massive population growth.
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