What concept is Malthus closely associated with?
Malthusian Trap
Keynesian Economics
Smithian Growth
Marxist Theory
Answer
The Malthusian Trap is associated with Thomas Malthus, an 18th-century economist and demographer. This theory proposes an intrinsic conflict between population growth and the finite resources available for sustenance. Malthus argued that populations tend to grow exponentially while food production increases linearly, leading to periodic famines and resource scarcity. The concept emphasizes the potential consequences of unchecked population expansion and the need for resource management and population control.
The Malthusian Mastermind: Test Your Knowledge on Thomas Robert Malthus
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