6. The size of the population in some countries may partially reflect the desire of some people...

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6·. The size of the population in some countries may partially reflect the desire of some people for additional security in the form of children to support them in their old age. Is this method of providing for one's retirement inferior to our system of compulsory social security? Why or why not?
Discuss the importance of the following as determinants of economic growth: (a)
natural resources,

(b) physical capital,

(c) human capital,

(d) technical knowledge, (e)
attitudes of the work force, and

(f) size of the domestic market.
"The vicious circle of underdevelopment is an invalid theory. If it were valid, the developed nations would never have been able to save, invest, and achieve economic growth." Discuss.

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