Economy, asked by sugarcookiesnm, 9 months ago

What is the relationship between the people and its economy?

Answers

Answered by sukhmanbrar3

The quantity, quality, structure, distribution, and movement of a population can help or hinder the rate of economic development. A developed country with low population density and a low percentage of employable people needs an increase in population in order to keep up with economic development

Answered by Anonymous

RELATIONSHIP BETWEEN PEOPLE AND ECONOMY:-

Human capital and economic growth have a strong correlation. Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. The skills provide economic value since a knowledgeable workforce can lead to increased productivity.

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