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Exponential growth.
A population that is experiencing exponential growth is typically fast. Exponential growth refers to a constant growth rate where the population size increases exponentially over time. This means that the population doubles at a regular interval, leading to a rapid increase in numbers.
Mexico
The country is likely experiencing stable or zero population growth. When each age structure is about the same size, it indicates that the birth rate is roughly balanced with the death rate, leading to a stable population without significant growth or decline.
Countries in Asia and Africa typically experience rapid population growth, with many classified as less developed countries (LDCs) facing significant population increase due to factors like high birth rates and improving healthcare. Meanwhile, more developed countries (MDCs) usually have slower population growth rates primarily due to lower birth rates and better access to family planning and education.
Mexico
Slower population growth can lead to decreased demand for goods and services, resulting in fewer customers for local businesses. This can lead to increased competition among businesses for a smaller customer base, potentially reducing profits and growth opportunities. Businesses may also struggle to find qualified employees as the labor pool decreases with slower population growth.
LDCs Experiencing rapid population growth
Mass productionMass production, the availability of the ready markets and rapid population growth rate are the major causes for the rapid growth of business.
Mass productionMass production, the availability of the ready markets and rapid population growth rate are the major causes for the rapid growth of business.
A Verbal Strategy
Population with unrestricted growth is classified as a boom. The US experienced a boom after World War II when thousands of soldiers returned home.