2. Increasing Physical Infrastructure What is it? ALL of the things that help a country’s economy – it is the groundwork for economic development Transportation, Electric Power, Telecommunications, water supply, sewer system
3. Increasing Physical Infrastructure Why is it important? It is REQUIRED for physical capital to operate. Most private sector activities cannot take place is there is inadequate physical infrastructure This will help the Private Sector do all of that SAVING AND INVESTING we keep hearing about.
29. Slowing Population Growth Population Growth is that rate at which a population grows. In Developing Nations it is higher because of the prestige of a big family*, the old habits of having more kids to ensure survival, and the introduction of vaccines and modern medicine. *A big family is a symbol of wealth and success - big families can help at home on the farm or go off and earn money elsewhere.
30. Slowing Population Growth Why is it improtant to address? It is the most important area of economic development to address. It should be introduced in the first of any 5 year plans. why? because any of the other 6 areas of economic development can be countered by a rapidly growing population
31. Slowing Population Growth For example: Take Agricultural Production you increase your Agricultural output so you can 1.) feed your people, and then 2.) export what is left over But now, you added more mouths to step 1. leaving just the same small amount of agricultural product to export.
32. Slowing Population Growth For example: You want to educate and train people...so you build a school. Well if your population growth rate is high - you will soon need two schools, three schools, etc.
33. Slowing Population Growth How to "go about it" educate Women: if they are out working - then they will be less likely to stay home and raise a fmaily, or they will start a family later in life. Family Planning Services - explain the logic behind PGR - lay out the economic ramifications of having babies every year. instead of , say, every 3-4 years. They can also distribute birth control methods
34. Slowing Population Growth How to "go about it" give families incentives - "if you only have 2 kids - we will give you a tax break" Educate young people on the benefits of smaller families. lower the % of workers in agriculture - the GNP per capita will rise and fewer workers are needed home on the farm.
