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7 June, 09:52

What did malthus and ricardo say about the effects of population growth?

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  1. 7 June, 10:00
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    Their ideas lead to the creation of laissez-fair capitalism. Ricardo considered that permenent under-class would always live poor. Malthus also believed that wars and epidemics were fundamental to keep the population prosperous and content. They all believed that natural laws led economic life.
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