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Essay

David Ricardo

Essay specific features

 

Issue:

Biographies

 

Written by:

Linda B

 

Date added:

June 15, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

1 / 249

 

Was viewed:

7353 times

 

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Essay content:

In fact the land would suffer from diminishing returns. Extra land that was brought into cultivation would become more and more marginal in terms of profitability, and eventually returns would not be enough to attract any further capital. At this point the maximum level of economic rent would have been earned...
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Along with Malthus, Ricardo was very concerned about the impact that rising populations would have on the economy. He argued that with more people, more land would have to be cultivated. However, the return from this land would not be constant as the amount of capital available would not grow at the same rate...
displayed 300 characters

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