Question

Is population An asset to the economy or a liability. Give reason to support your answer.

Answer 1

Population is an asset rather than a liability because if some money is spend on human resources, people would get better education which would lead to more people doing skilled work because of which the GDP would increase as many people will work together.

But if most of the population is unemployed or earning an low income than it will become an liabillity. So we can concluse that population is an asset till the time it is helping to increase countries GDP and also helping in developing the country.

Hope it helps

Answer 2

Answer:

Population is an asset rather than a liability because if some money is spend on human resources, people would get better education which would lead to more people doing skilled work because of which the GDP would increase as many people will work together.