Chart of the Week: Trends in Worldwide Population (1950-2050)
Fascinating chart showing trends in world population and predictions for the future (Yale GlobalOnline)
Questions:
- What are three major trends you can identify from this chart that have occurred between 1950 and 2020?
- Do most of the trends you identified represent improvements in the standard of living around the world?
- What do you see as the most significant change projected to occur between 2020 and 2050?
- One of the changes happening in many developed countries (including the U.S.) is the aging population? What impact do you think that (higher %age of people over 65) will have on the economy?
- Why do you think there has been and expected to be more migration to cities and increased urbanization?
- As an entrepreneur looking at this data, what opportunities do you see in the future? Recall that entrepreneurs are always looking for growing markets...
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Thanks to NGPF super intern Ansh for compiling the last 20+ Charts of the Week in this document.
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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