How Do China And India Survive In Their Economy Despite Of Over Population?
Posted by China Sourcing CommentatorSep 24
India is too diverse to explain in a line. I’d say, population is not a problem now, its getting better now. The birth rates are declining, and by 2040, the population will stop expanding.
Every year, 40 million new people join the middle class leaving poverty. As the population is huge, its a huge market, and everyone gets to sell his product/services. And with the flow of foreign investment, its been a huge amount of new jobs being created. And the outsourcing is helping new software professionals trained in India. New agricultural equipment, with farmers getting richer and richer, are getting common, and agriculture is also doing well.
Its not so sweet though, there is corruption, poverty, illiteracy, riots. But we all are determined to make a better India.
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they survive due to population rather. Manpower boosts income.Labour is cheap so there are a number of people coming here to hire people for labour
Since they have so many people they have so many people working, and with many laborers you are sure to have a good output.
China mainly survives because they are such a closed society.They quell rebellion and keep their people under close watch.Their economy thrives because they export a lot of goods(alot to OUR Wal-Marts)yet limit their imports.