Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2012. Solve the problem using the method similar to that used to solve number 65 on page 422 of the e-book. Show your detailed, worked out solution for full credit. Write a paragraph about how you might use this information in a role as a politician, government administrator or business owner/operator. What will it mean to the country, its economy, resources or the business? Be sure to reference all sources using APA style. Do not use any part of the sample below in your post; do not use India, China or the United states as your country. Type (1.014)^7 for (1.014) to the seventh power.
Note that this sample would not receive full credit because there is no detailed work shown, nor does it have the discussion asked for in the prompt.
Sample Post: The population of India in 2005 was 1,080,264,388 (there is more recent data available, so use the most recent you can find). The growth rate is 1.4%. Note that in this instance, the percent must be converted to its decimal equivalent before it can be used to make computations with the formula.
In 2006, the approximate population is 1,095,388,089. P = 1,080,264,388 * (1.014)^1
In 2007, the approximate population is 1,110,723,523. P = 1,080,264,388 * (1.014)^2
In 2008, the approximate population is 1,126,273,652. P = 1,080,264,388 * (1.014)^3
In 2012, the approximate population is 1,190,681,880. P = 1,080,264,388 * (1.014)^7
To find a country experiencing population growth, you can consult resources such as the library, web resources, or other materials. Once you have chosen a country, you need to find the most recent population count and population growth rate.
Using these values, you can approximate the population in the year 2012 by following a method similar to the one used in the e-book problem.
To start, let's say the population count in the most recent data is P0 and the growth rate is r%.
Then, the population in the following years can be approximated using the formula: P = P0 * (1 + r/100)^n, where n is the number of years from the most recent data to the desired year.
For example, if the most recent population count is 100,000 and the growth rate is 2%, the population in the year 2012 can be approximated by calculating P = 100,000 * (1 + 2/100)^7.
To use this information in a role as a politician, government administrator, or business owner/operator, it is important to understand the implications of population growth for a country, its economy, resources, or businesses.
Population growth can have both positive and negative impacts. A growing population can lead to a larger consumer market, increased labor force, and potential economic growth. It can also mean increased demand for resources and infrastructure development. However, rapid population growth can strain resources, cause environmental issues, and put pressure on public services.
Therefore, as a politician, government administrator, or business owner/operator, understanding the population growth rate and its implications can help in planning policies, infrastructure development, and business strategies to harness the potential benefits and mitigate the challenges associated with population growth.
Remember to reference all sources using APA style when citing the information you find.