This post comes from the teachings of our economics teacher, Mr. Sanjeev sir. A really awesome teacher.
I’m sure this post can go on and on if I were to let it. But I’m going to make it concise and just state a few points.
When the question of “Why population explosion?” is being discussed, few factors become extremely relevant. And one among them is poverty.
Does poverty increase population or does poverty decrease population? I do not know what answer came into your mind, but I’m pretty much sure that your first thought would have been inclined towards poverty decreasing population. I mean after all, a guy has to feed his kids right? And for that he needs money. So it must be inversely proportional.
The thing is, in most cases it is directly proportional.
I only wish to state two cases in this context. One is a beggar’s and the other is that of a person who enjoys a high standard of living.
The thought of the beggar is not going to be how he is going to feed his kids if they are born. On the contrary, he sees his each child as a source of income for him. On an emotional level, this can be debated. But hey, economics doesn’t include emotions. Facts are facts and whatever you might feel, this is what is happening.
So, as many kids as the beggar has, as much his income increases. And as much children they have, that much the probability of one or two among them reaching a stable position and supporting them.
However, on the flip side of the coin, what does the guy who has money think? Each child he has is going to reduce his income. He has to raise them and support them till they reach a point where they can take care of themselves. As such, he is going to have lesser number of children.
A beggar’s son will start earning while he is 4 or 5 years old on the streets. At least by begging. But imagine a rich man’s son working at that age. It is not going to happen.
It is interesting to see how much money affects the way see and perceive life.