Part 2: Overpopulation: Leveraging Entrepreneurs’ Greatest Asset
Overpopulation is the difference between overall birth and death rates in populations. As a rule of thumb, if the number of children born each year equals the number of adults that die, it is fair to deduce that the overall population size will stabilise. However, previous industrial revolutions have brought about a flurry of technological advancements and perhaps, this is the biggest reason why today’s population equilibrium gets disrupted.
To date, science and technology have enabled us to produce better means of producing food, hence allowing families to feed more mouths. Medical sciences too, have made many breakthroughs. Of which, these new discoveries are providing solutions to overcome a wide range of diseases. Illnesses that had claimed thousands of lives can now be cured following the invention of vaccines. Combining the increase in food supply with fewer means of mortality have tipped the balance and could become the starting point of overpopulation.
Poverty is also believed to be the another cause of overpopulation. The lack of educational resources, coupled with a high death rate are leading to the increase in global birth rates. As a result, impoverished countries are seeing a large boom in population. The impact is so widespread, the UN predicted that 48 of the world’s poorest countries were likely to be the biggest contributors to overpopulation.
Their estimates stated that the combined population of these countries was likely to inflate to 1.7 billion in 2050, from 850 million in 2010. With most developing nations having a large number of illiterate citizens who live below the poverty line and have little or no knowledge about family planning, chances of getting their children married at an early age will only increase. Consequently, this increases the odds of these countries’ citizens having more kids.
In short, the impact overpopulation places on the environment is perhaps the most obvious immediate concern. The rise in the number of companies draining the planet’s resources to meet production demand, mass exploration of natural resources, deforestation and water pollution is worrying to say the least.
Oversized population growth has a vital impact on economic growth. It is a growing concern all around the world and a huge challenge to the global economy. While SMEs now account for a greater share of economic activity, again, we would like to stress, in today’s economic landscape, most of the world’s problems are calling upon dynamic entrepreneurs to solve them.
Problem solving ability has been long heralded as successful entrepreneurs’ greatest asset. Below are what we think entrepreneurs can do to impact positive change to solve the world’s most formidable problems.
- We can learn a lot from entrepreneurs and their focus on efficiency. By making the world more efficient, this could help us solve many of the world’s most pressing problems.
- Increasing the number of optimists. The power of optimism is very important in solving the world’s problems and if we don’t believe we can then we never will. Every day entrepreneurs are using their sense of optimism to come up with solutions that normal people believe are impossible.
- Accelerating the speed of innovation. Thanks to people like Travis Kalanick (Founder of Uber) and Elon Musk we now have innovative solutions like Uber, Paypal and Space X that we never had before. Providing believable solutions to the world’s most intricate predicaments definitely requires some speed.
Last but not least, to learn more about the topic, you can read the original article here.
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