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SS1: ECONOMICS - 2ND TERM

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  1. Firms & Industry | Week 1
    4 Topics
  2. Firms & Industry (Business Organisation) | Week 2
    5 Topics
    |
    1 Quiz
  3. Population Theory I | Week 3
    3 Topics
  4. Population Theory II | Week 4
    3 Topics
  5. Population | Week 5
    3 Topics
  6. Population Distribution | Week 6
    4 Topics
  7. Population Census | Week 7
    3 Topics
    |
    1 Quiz
  8. Labour Market | Week 8
    3 Topics
    |
    1 Quiz
  9. The Nature of the Nigerian Economy | Week 9
    4 Topics
    |
    1 Quiz
  10. Agriculture | Week 10
    4 Topics
    |
    1 Quiz



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The optimum population is the ideal population that when combined with the other available resources or other factors of production of the country will yield the maximum output of goods and services in a country at a particular time.

It is neither too small nor too large when combined with available resources at a given level of existing technology in order to secure a maximum return per head. Optimum population occurs when the population is equal to the available resources.

By optimum population, we mean the ideal number of population that a country should have considering its resources.

Characteristics of Optimum Population:

Below are characteristics of optimum population;

1. Optimum population is neither too small nor too large but equal to available resources in the country.
2. It yields a maximum return per head.
3. The highest standard of living is attained in a country that has an optimum population.
4. The resources are utilized at maximum.
5. Based on the supply of resources and population it is the ideal type of population.

types of population
Population sizes.

Evaluation Questions:

1. Differentiate between optimum population and under-population.

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2. How can we control overpopulation?

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Responses

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Question 1

Differentiate between optimum population and under population

Solution

Optimum population is the best type of population where the number of people equals the country’s resources. It is at the point where per capita output is at the highest while under population occurs where there are too few people in a country in relation to the resources available.

Question 2

How can we control over population?

Solution

  1. Family planning should be introduced
  2. Early marriage should be discouraged
  3. Monogamy should be encouraged and polygamy should be discouraged
  4. Abortion should be legalized
  5. Immigration laws should be stiffened
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