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by gingabriska
2491 days ago
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People play population as a big thing, it's not in India's case. More people means more demand. The biggest problem is that those people do not have money which can't drive economy through demand. And there is definitely something that can be done about it. Population is large sure, but population density is similar to some middle populated European countries. As a thought experiment if population of India halves over night, the situation will still not improve! |
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If the population of India halved over night, there would be half as many mouths to feed; there would be much less unemployment people could afford to charge higher wages for unskilled jobs (because there would be less competition to drive prices down.) How would that not be an improvement?