Choose given statement is true/false:

Population size is a factor of economic development that a nation depends upon.

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Detailed Solution

The above statement is True.
Population size is a factor of economic development that a nation depends upon. A country's economic development is not solely dependent on its democratic government structure. Democracy is simply a type of government. It can only set the stage for achieving certain objectives. Citizens must take advantage of these conditions in order to achieve their objectives. Second, a country's economic development is determined by a number of factors, including its population, size, global situation, cooperation with other countries, resources, and so on. India is the world's second-most populous country, and it may soon overtake China. India's population is frequently torn between being an asset and a liability. A literate population is an asset, whereas an illiterate population is a liability.

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