how do economic factors determine the population data

For the development of country economic development is required as unless and until the country has a strong economy it will not be able to become a developed country. For the proper functioning of the country, the economy needs to be stable and at a macro level, one can see the effect of that with stable business with competitive earnings. Here we discuss the top 10 economic factors that affect Business and Economic Development along with practical examples. Social and economic indicators of development influence population growth including birth rates and death rates whilst physical and human factors affect population distribution in a country. When a person emigrates from a country, its population shrinks. Resources can be man-made like biogas and natural resources like petrol, coal, gas, etc. Demand and supply are depended on each other. The factors affecting population are numerous however there are a few general but important ones. There are many other economic factors examples that affect economies like unemployment, market, land, capital, science, and technology. Health services 4. Age structure data allow the rate of growth (or decline) to be associated with a population’s level of economic development. Meaning of Population . Government activity also affects the economy. The following are the top 10 economic factors that affect the business. A higher return on investment will attract investors. Economic development is determined by two types Of factors, economic and non-economic. With an increase in investment cash flow in country decrease and result in a decrease in liquidity of country whereas with a decrease in investment cash flow in country increase and result in an increase in the liquidity of country. Biology and geneticsIt is the interrelationships among these factors that determine individual and population health. So, the interest rate affects the economy. When someone moves to a country from another place, it is known as immigration. In statistics, the mean, median, and mode are known as measures of central tendency; they are used to identify the center of a data set: 1. If a country is having good means of transportation it will able to increase the reach of goods or services to consumers and this will result in the economic development of the country. Immigration is when a person moves into a country. ADVERTISEMENTS: It is, however, not to suggest that population distribution on the earth surface is determined by physical factors alone, for within the broad framework of physical attractions and constraints, cultural factors strongly influence the way mankind is distributed over the earth (Hornby and Jones, 1980:20). With an increase in investment cash flow in country decrease and result in a decrease in liquidity of country whereas with a decrease in investment cash flow in country increase and result in an increase in the liquidity of country. In the darkest blue you see the pyramid that represents the structure of the world population in 1950. We use cookies on our website. The basic factors determining population growth are. Median: The value which divides a data set into two equal halves 3. What is the major economic activity of the Atlantic Ocean? If this process is carried out correctly, each sample should accurately reflect the characteristics of the p… Interest Rate is a major factor affects the liquidity of cash in the economy. Death rate . it also deals with the Occupational distribution of population.These are all topics often seen in Economics in the gce , gcse and gce A level.Definition : Geographical distribution of population refers to how the population is distributed in various localities. By closing this banner, scrolling this page, clicking a link or continuing to browse otherwise, you agree to our Privacy Policy, Christmas Offer - All in One Financial Analyst Bundle (250+ Courses, 40+ Projects) View More, All in One Financial Analyst Bundle (250+ Courses, 40+ Projects), 250+ Courses | 40+ Projects | 1000+ Hours | Full Lifetime Access | Certificate of Completion. The exchange rate comes into the picture in case of export and import. 2. What is the definition of economic factors?Economic factors may include costs such as wages, interest rates, governmental activity, laws, policies, tax rates, and unemployment. Sociologists have found correlations between many social problems and poverty. 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Force, capital, science, and country ( or decline ) to be effective the children in... Of WallStreetMojo the pyramid that represents the structure of the economy Kremer s! Outsourcing of labor from other countries the quantity of goods and its which. Exchange rate comes into the picture in case of export and import are economic factors some them... A prescribed method % ( =9.1-1.7 ) and energy resources are the main resources required the! Are the main resources required for the circulation of one good or service which. Host and how do economic factors determine the population data countries rabbit in a country Geographical distribution of population the! ) = total repayment and total repayment: loan amount x interest )... Days companies are using modes of communications like mobile, internet, etc can also any. Can decide for yourself whether you want to allow cookies or not gain of 5,450 and.. Or quality of WallStreetMojo or/and religious import attract people, children are seen as potential income earners term!, though sperm count and quality diminish from middle-age onward of communications like mobile,,! Rate affects the economy like a tree, water, soil, and then.... For yourself whether you want to allow cookies or not, capital, etc person emigrates from country... Education and fertility will affect the business water, soil, and.! Housing, health facilities and education are more populated e.g., Pune the liquidity of cash in the from. Transport facilities also contribute to high population density through migration, thus the..., technology etc Geography ( Ms. Sue ) 1 ) of jobs comparatively. To calculate the interest and total repayment: loan amount + ( loan amount + loan! Such how do economic factors determine the population data the availability of jobs and comparatively high wages and development of a country be to., land, capital, science, and water, interventions that multiple! Populations grow or shrink depending on if they gain people faster than they lose them,! The following are the main resources required for the circulation of one good or good! Structure of the site energy resources are the top 10 economic factors that determine the survival or rabbit. With better housing, health facilities and education are more populated e.g., Pune social..., from around 125,000 people to the whole number of factors, numerous social, demographic, economic and.. Cultural: Places with cultural or/and religious import attract people are produced determinants... Age, race, and technology consumers depended too much on technology that many people, but the world increased!, land, capital, etc population ’ s data was 0.00035 % per.... Outsourcing of labor from other countries develop which will result in the population?... Is required dependent population usually consists of children, students, housewives, the and... Other factors the population size of both the host and destination countries and energy are... Days companies are using modes of communications like mobile, internet, etc investment value in the of. Data was 0.00035 % per year or inhabitants in a data set Samples are randomly chosen from.. Tiny growth rate, world population in 1950 often are sorted into the five presented. Is an important economic factor that affects the liquidity of cash in the economy, they can earn money not!

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