The Essential Element of Malthus's Principle of Population Was That

question 13

Multiple Choice

The essential element of Malthus's Principle of Population was that

• A) moral restraint was critical to the survival of the human population.
• B) positive checks tended to counter-balance preventive checks.
• C) population grew geometrically while food increased arithmetically.
• D) the passion between the sexes must be constrained by social institutions.

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Definitions:

Equitable Distribution

A legal principle used in family law to fairly divide property and assets between partners during a divorce.

Functions of Prices

The role prices play in indicating the scarcity of goods and allocating resources in an economy.

Market System

An economic system whereby decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.

Invisible Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individuals working for their own gain unintentionally benefit society.