What is the role played by active population for the development of a country
Answers
Explanation:
Population has both positive and negative effects on the economic growth of the country.positive role of population in the growth of economy information leads to lower rate of growth of human capital lobar labour, productivity lower income and has lower standard of.
Answer:
the active population plays a vital role in the development of a country by driving economic growth, generating income, paying taxes, fostering innovation and entrepreneurship, and contributing to a demographic dividend.
Explanation:
The active population, also known as the labor force, plays a critical role in the development of a country. The active population includes individuals who are able to work and are actively seeking employment. They are the driving force behind economic growth and development, as they produce goods and services, generate income, and pay taxes. The active population is an important factor in determining a country's economic growth and development, and a healthy and productive active population is essential for a country's long-term prosperity.
- Production of goods and services: The active population is responsible for producing goods and services that drive economic growth and development. They work in various industries such as agriculture, manufacturing, and services, and contribute to the creation of wealth and the expansion of the economy.
- Income generation: The active population generates income through their work, which they use to purchase goods and services, pay taxes and save. This income is crucial for the development of a country as it is used to fund public services, infrastructure development and support economic growth.
- Taxation: The active population pays taxes on their income and consumption, which are used to fund public services such as healthcare, education, and infrastructure development. These taxes are crucial for the development of a country as they provide the government with the necessary resources to invest in the welfare of its citizens.
- Innovation and Entrepreneurship: Active population plays a crucial role in innovation and entrepreneurship. They are the ones who come up with new ideas, products and services, they are the ones who start and run businesses which in turn creates jobs and opportunities for others.
- Demographic dividend: A country with a large proportion of active population in the working-age group (15-64 years) can reap a demographic dividend, which occurs when the proportion of working-age people is larger than the proportion of dependents (young and old people), leading to a higher economic growth.
Overall, the active population plays a vital role in the development of a country by driving economic growth, generating income, paying taxes, fostering innovation and entrepreneurship, and contributing to a demographic dividend.
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