Apart from originating theories on the entrepreneur and spatial economics, Cantillon also provided a dedicated theory on population growth. Unlike William Petty, who believed there always existed a considerable amount of unused land and economic opportunity to support economic growth, Cantillon theorized that population grows only as long as there are economic opportunities present.[94] Specifically, Cantillon cited three determining variables for population size: natural resources, technology, and culture.[95] Therefore, populations grow only as far as the three aforementioned variables allowed.[96] Furthermore, Cantillon's population theory was more modern than that of Malthus in the sense that Cantillon recognized a much broader category of factors which affect population growth, including the tendency for population growth to fall to zero as a society becomes more industrialized.[97]
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holiday calendars 2010
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