Population Growth and Demographics

Population growth refers to the increase in the number of people living in a given area over time. Demographics study the characteristics of these populations, such as age, gender, and ethnicity. When we consider human capital, we focus on the skills, education, and abilities of the population. A growing population can enhance human capital by providing a larger workforce, but it can also strain resources if not managed effectively. Understanding these dynamics helps governments and organizations make informed decisions to foster economic growth and improve quality of life.