suggest any five ways so that people could become an asset for the economy
Answers
Hey buddy... Ur answer is ... A large population can be turned into a productive asset by investment in human capital. (ii) By spending resources on education and health for all. (iii) By training of industrial and agricultural workers in the use of modern technology. (iv) By useful scientific researches Hope u like it....!!!
People can become an asset for the economy in the following ways -
• The most common way is becoming financially established. If a person become financially established then he will be beneficial both in personal and national economy.
• Government can invest in the human capital in order to develop good quality human resources and this human resource can become the key factor of a successful economy.
• People are basically consumer in the economy and if the consumer participation in the market increases,then the success of economy will also increase.
• The people pay tax to the government which is an important part of the economy. So by properly paying taxes,the people can also strengthen their national economy.
• The people can individually invest in share markets, government schemes,fix deposits. These can be beneficial for the economy in an indirect way.