How can large population be turned into a productive asset? Explain. ...
If the people are educated, healthy and job opportunities are there, large population can be helpful for the country. Promoting small scale industries can also increase country's income.
How can large population be turned into a productive asset? Explain. ...
Investing in Education and Training:
- Providing quality education and training programs to the population can help enhance their skills and knowledge, making them more productive in various sectors.
Creating Job Opportunities:
- By investing in infrastructure, industries, and small businesses, more job opportunities can be created for the population, leading to higher productivity levels.
Encouraging Entrepreneurship:
- Offering incentives and support for entrepreneurship can empower individuals to start their own businesses, leading to economic growth and increased productivity.
Improving Healthcare:
- Ensuring access to quality healthcare services can improve the overall health and well-being of the population, resulting in a more productive workforce.
Promoting Innovation and Technology:
- Encouraging innovation and adopting new technologies can help the population become more efficient and competitive in the global market, ultimately increasing productivity.
Providing Social Support:
- Offering social support programs such as childcare services, housing assistance, and healthcare benefits can help alleviate the burden on individuals, allowing them to focus on their work and be more productive.
By implementing these strategies, a large population can be turned into a productive asset, contributing to economic growth and development.
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