Economy, asked by preetarora4504, 1 year ago

people of a country should be an asset and not the liability for an economy justify

Answers

Answered by Wafabhatt
9
Thank you for this question. Please find the answer below: 

People of the country are termed as "human resource" of the country. They are considered a resource as they are the working force of the country. Labour is one of the basic four factors of any organisation. People of the country have their rights reserved yet they are a part of the economic system and must play a vital role in increasing the productivity and GDP of the country. 

Hence, it is said that, "People of a country should be an asset and not the liability for an economy" 
Answered by presentmoment
3

People of a country should be an asset and not the liability for an economy:

  • The economy of the country is driven by the skilled workforce of the country and the development in infrastructure supplements such as growth.
  • The people are engaged in different sectors based on the skills acquired and the opportunities available.  
  • If people are well educated and fit, they will give better performance at the workplace.
  • This will result in increased revenue and business which not only contributes to the GDP of the country but also encourage further growth.
  • The development is possible with access to quality education and affordable health services to people of the country such that they will not treated as a liability rather as an asset.

Learn more about the economy of a country:

What is meant by economy of a country​

https://brainly.in/question/11395149

How to increase the economy of the country??​

https://brainly.in/question/12024252

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