WAEC Economics 2011 Theory — Question 17
Question 17 of 25 from the West African Examinations Council (WAEC) Economics 2011 Theory paper, with the correct answer and a full explanation.
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8(b) Explain the three stages of the theory.
Model answer
(i) Pre-industrial or pre-transition stage: The country has a high birth rate and a high death rate but not stable. This results in a slow growing population. (ii) Transition stage: The country has a high birth rate and a low death rate, resulting in a fast growing population. It is a feature of a country at the industrial take off; there are better medical facilities, better diet and high income to earn good standard of living. (iii) Post-transition stage: In this stage both fertility and mortality rates are low. There is low birth rate because fertility is controlled and death rate is low because there are better medical facilities, good diet. The population becomes relatively stable. It is the feature of advanced economy.
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