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AWR 201 Population growth on the Tampa Economy Essays

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This is a comprehensive and detailed essay on; population growth has a domino effect on the Tampa economy for AWR 201. An Essential Study Resource just for YOU!!

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Subido en
11 de abril de 2025
Número de páginas
12
Escrito en
2021/2022
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Watson 1

Ani Watson

AWR 201

Final Essay

24 April 2022

Population Growth has a Domino Effect on the Tampa Economy

Introduction and Background

One may question how much impact population growth has on a city. It can shift the

entire economy depending on the growth rate and the city. Economists say that the economy in

Tampa a few years ago was at a decline (Peterson). Some may argue that this is due to population

growth because as there are more people in the area, resources must be dispersed to more people.

However, little do they know that population growth could help boost their economy by

increasing the amount of money there is to spend on resources for the whole city. Population

growth helps all big cities, not just Tampa. There is already a growing supply of goods and

services. In response, the population growth is helping drive up the demand for these products or

services to help level out the supply and demand curves. This helps show how population growth

in any area helps local businesses (Ozimek).

Population growth refers to the number of people who emigrate to a specific area, in this

case, the city of Tampa. It helps the city in many ways. It adds diversity to the population, helps

grow local businesses, and can boost the economy. The economy is the amount of money in

circulation within an area. This includes the citizens' money, tax money that the government has,

and new money coming into circulation through sales and new additions to the town. A good

, Watson 2

economy, or a sustainable economy, means there is enough money for the city to function for a

while successfully. A significant factor in a city's economy is small businesses. These local

markets and stores offer job opportunities and are often a pivotal part of the community. The

people who work in small businesses are citizens of the area; as more people move to a site, the

housing market increases. The housing market considers the number of houses available and the

demand for the places to create a price for each home.

Some may say that population growth can be harmful, and E Wesley F Peterson, a

professor at The University of Nebraska-Lincoln, would agree. However, different levels of

population growth can affect various types of economies. In low-income areas, such as

developing countries, it can be harmful to have a rapid rate of population growth (Peterson). This

includes places where there is not as strong of a government with not as many connections as

other governments. They do not have access to as many resources as other, more developed

countries do. This could cause an economic crash because the supply would run out too quickly.

There would be no more products available. People would then have to spend extra money to get

goods, eventually leading to an economic crash. At the right speed, population growth can

benefit a city's economy. Job opportunities draw people to Tampa, which leads to more money

circulating, which in turn grows the economy.

Factors Leading to Population Growth in the Tampa Area

Many different circumstances could draw people to move to Tampa. Whether it's the

weather, the idea of living in a city, or a job opportunity, people seem to be drawn to Tampa Bay.

The population in Tampa has continued to increase over the past years and does not seem to be

slowing down. The idea of living in warm climates is very appealing to people. This type of
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