GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Optimum Population is that ideal population which provides ____
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Minimum Income per head
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Maximum Income per head
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Average Income per head
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None of the above
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Explanation:
Detailed explanation-1: -By optimum population we mean the ideal number of population that a country should have considering its resources. The optimum size of population is which along with the existing natural resources and a given state of technology, yields the highest income per capita in a country.
Detailed explanation-2: -The optimum population is the ideal population which combined with other available resources or means of production of the country that will yield the maximum return or income per head.
Detailed explanation-3: -The theory that says the level of population at which per capita income is maximum is the Theory of optimum population. The optimum theory of population was propounded by Edwin Cannan.
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