Population is a boon and bane of development? Explain the statement.

Population is often seen as both a boon and a bane when it comes to development, depending on various factors such as the ability of a nation to harness its population resources, the infrastructure available to support the growing population, and the policies implemented to manage population growth. The statement that "population is a boon and bane of development" encapsulates the paradox of population growth in the context of economic, social, and environmental development.

On one hand, population can be a boon for development. A large population can lead to a larger workforce, which can increase productivity and drive economic growth. In countries with abundant natural resources, a larger population can provide the necessary labor force to exploit those resources and contribute to industrialization and infrastructure development. The availability of cheap labor can attract foreign investments, leading to increased industrialization and job creation. 

Moreover, a growing population can also stimulate demand for goods and services. As the number of consumers rises, it creates a larger domestic market, which can drive the expansion of industries such as agriculture, manufacturing, and services. This demand _______ ________ __________ ___ _________ ________ ___ ________ _______.
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