Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
please answer question g h
![### Demographic Transition: Educational Overview
#### 4. Exploring the Demographic Transition
**A. General Fertility Rate, Crude Mortality Rate, and Death Cause Distribution Rate Formulas:**
- **General Fertility Rate (GFR):**
\[ \text{GFR} = \left( \frac{\text{Number of Live Births}}{\text{Women of Reproductive Age (15–49 years)}} \right) \times 1,000 \]
- **Crude Mortality Rate (CMR):**
\[ \text{CMR} = \left( \frac{\text{Number of Deaths in a Year}}{\text{Total Mid-Year Population}} \right) \times 1,000 \]
- **Death Cause Distribution Rate:**
\[ \text{Death Cause Distribution Rate} = \left( \frac{\text{Number of Deaths from a Specific Cause}}{\text{Total Number of Deaths}} \right) \times 100 \]
**B. The Three-Phase Demographic Transition:**
1. **Phase 1: Pre-Industrial Stage**
- High fertility rates and high mortality rates result in a relatively stable population with slow growth.
2. **Phase 2: Transitional Stage**
- Mortality rates decline due to improved living conditions, while fertility rates remain high, leading to a rapid population increase.
3. **Phase 3: Industrial Stage**
- Fertility rates begin to decline due to changes in social and economic factors, approaching the lower mortality rates and resulting in a stabilized population.
*Graphs for these phases would depict fertility rates, mortality rates, and net population change over time, highlighting the transitions between these stages.*
**C. Interaction Between Gary Becker’s Fertility Model and Parson Malthus’s Work:**
- Gary Becker's model focuses on the economic choices of households regarding fertility, emphasizing the cost-benefit analysis in deciding the number of children to have.
- Parson Malthus theorized that population growth would outstrip resources, leading to inevitable checks like famine and disease.
- The discussion highlights how Becker's microeconomic perspective on household decisions offers a different lens than Malthus's macro view on population resources.
**D. Malthus’s Assumptions on Income and Household Size:**
- Malthus assumed a direct relationship where higher income leads to larger household sizes, under](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9f50a71f-8223-44c7-add6-dd8242c61e46%2Fba817b0b-3395-4da1-913d-8982239d7c01%2Fz25if_processed.png&w=3840&q=75)
Transcribed Image Text:### Demographic Transition: Educational Overview
#### 4. Exploring the Demographic Transition
**A. General Fertility Rate, Crude Mortality Rate, and Death Cause Distribution Rate Formulas:**
- **General Fertility Rate (GFR):**
\[ \text{GFR} = \left( \frac{\text{Number of Live Births}}{\text{Women of Reproductive Age (15–49 years)}} \right) \times 1,000 \]
- **Crude Mortality Rate (CMR):**
\[ \text{CMR} = \left( \frac{\text{Number of Deaths in a Year}}{\text{Total Mid-Year Population}} \right) \times 1,000 \]
- **Death Cause Distribution Rate:**
\[ \text{Death Cause Distribution Rate} = \left( \frac{\text{Number of Deaths from a Specific Cause}}{\text{Total Number of Deaths}} \right) \times 100 \]
**B. The Three-Phase Demographic Transition:**
1. **Phase 1: Pre-Industrial Stage**
- High fertility rates and high mortality rates result in a relatively stable population with slow growth.
2. **Phase 2: Transitional Stage**
- Mortality rates decline due to improved living conditions, while fertility rates remain high, leading to a rapid population increase.
3. **Phase 3: Industrial Stage**
- Fertility rates begin to decline due to changes in social and economic factors, approaching the lower mortality rates and resulting in a stabilized population.
*Graphs for these phases would depict fertility rates, mortality rates, and net population change over time, highlighting the transitions between these stages.*
**C. Interaction Between Gary Becker’s Fertility Model and Parson Malthus’s Work:**
- Gary Becker's model focuses on the economic choices of households regarding fertility, emphasizing the cost-benefit analysis in deciding the number of children to have.
- Parson Malthus theorized that population growth would outstrip resources, leading to inevitable checks like famine and disease.
- The discussion highlights how Becker's microeconomic perspective on household decisions offers a different lens than Malthus's macro view on population resources.
**D. Malthus’s Assumptions on Income and Household Size:**
- Malthus assumed a direct relationship where higher income leads to larger household sizes, under
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education