The English economist, Thomas Malthus, believed that sustained growth of income per person would be impossible because of
A) rapid growth of capital formation if population increased above the subsistence level.
B) rapid growth of population if income increased above the subsistence level.
C) rapid growth of government if income increased above the subsistence level.
D) political democracy if income increased above the subsistence level.

Question

Quizplus · Accepted Answer

Malthus believed in the concept of "Malthusian Trap" where population tends to grow faster than the supplies of food and resources. Hence, he believed that if income increased above the subsistence level, it would lead to rapid growth of population which would eventually lead to a decrease in income per person, thus making sustained growth impossible.

The English Economist, Thomas Malthus, Believed That Sustained Growth of Income