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For the equation , the point is
Marx
Karl Marx, a 19th-century philosopher, economist, and revolutionary, known for his theories about capitalism and communism.
Demographic Transition Theory
A theory that describes the transition from high birth and death rates to lower birth and death rates as a country develops from a pre-industrial to an industrialized economic system.
Population Development
The study of changes in population numbers, composition, and distribution, and how these changes affect socio-economic development.
Crude Birth Rate
The number of live births per 1,000 population in a given year.
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