Malthusian Trap
Instructions:
The essay (850-950 words) should explain how the Malthusian Trap theories contribute to the data in the given statistical tables.
The Malthusian theory’s key points:
Living Standards
Fertility rate
Life Expectancy
Technological Advance
Institutions and Growth
Industrial Revolution
You can look up online to learn more about the theory. Make sure you cite the source in APA format.
Suggested Sources:
Below is the book that we used in class which I have uploaded it for you. I think you could skim through chapter 2 (The Logic of the Malthusian Economy), chapter 9 (The Emergence of Modern Man), and part 2 of the book (The Industrial Revolution) to get the big picture of the theory. The main argument should revolve around the industrial revolution as it explain why the economic activity shift from the primary sector – agriculture to secondary and tertiary such as manufacturing and trade.
A Farewell to Alms: A Brief Economic History of the World
By Gregory Clark
Below is a good link.Scroll down a bit and you will get the summary of the book.
http://www.nytimes.com/2007/12/09/books/review/Friedman-t.html
…………………….Answer preview………………….
Malthusian trap theory states that, as the population growth is a head of agriculture growth then there will be always a point where food supply will be less than the demand. This show that there will be no equilibrium achieved if there is no simultaneous growth of population and source of food.The law of economy in Malthusian………………
APA
942 words
