Why is Population is an important resource?
Answers
Answer:
The population is an important resource because it provides human capital for the development of the country.
The development of the country depends on the population because when there is a higher number of working population, then there will development simultaneously.
Higher the population higher will be chances of having larger human resource.
Therefore, the development of the human resource will increase in both skilled and unskilled labour.
This increase in both the type of labourers will develop the nation in all the spheres such as economically, politically and socially.
Even the dependent population such as students and children will contribute to the development of the economy.
Hence the population is considered an important human resource in the world.
Explanation: