Thomas Malthus was pessimistic about the ability of a society to achieve high standards of living for most of its citizens because he believed that
A) government has a natural tendency to run deficits that would eventually bankrupt a nation.
B) significant population growth would result in shortages of food and resources.
C) owners of businesses would deliberately exploit their employees in an attempt to earn greater profits, and this would ultimately lead to a worker's revolt.
D) high tax rates would eventually undermine people's incentives to work hard and create wealth.

Question

Quizplus · Accepted Answer

Thomas Malthus believed that human population would continue to grow until the economy was unable to support any more people. This would result in a situation where the standard of living of most people would be at a subsistence level.

Thomas Malthus Was Pessimistic About the Ability of a Society