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"Population acts as both asset and liability for the nation ". Justify the statement by examples?
Verified Answer
"Population acts as both asset and liability for the nation ". Justify...
- Population is nothing but human capital, and it depends on the country whether it wants to see population as an asset or a liability.
- We could take an example of India and China. India always considers population as a liability due to:-
- poverty
- illiteracy
- unemployment  and so on
- Whereas China uses its population. Wondered why almost all the toys and machinery/ stationery comes from China? Well, China isn't as rich as India (on the basis of physical features, culture and so on), but it has taken initiatives to remove illiteracy, poverty and unemployment by giving jobs to people in industries.
- India too has taken initiatives, but the illiterates don't know what is good for them and so they meekly decline the offers of becoming literate. And India isn't able to provide jobs as it doesn't have enough money to build up industries and grow farms (half of the money is in Swiss bank).
- India's next fault is that it buys up the latest technology, but it doesn't know how to use it. Once it learns the process, it'd surely be able to give jobs at least to literates.
So, population can become either an asset or a liability, based on the country and its citizens.
This question is part of UPSC exam. View all Class 9 courses
Most Upvoted Answer
"Population acts as both asset and liability for the nation ". Justify...
Population acts as both an asset and liability. The working people of a nation are it's asset. They work for society's as well as for nation's progress. They also contribute in economic development. Example - Person who is working means not depend on others and earn for his consumption.

Some are liability as they are burden on society as well as on nation . They cannot do anything for nation's growth even . The nation have to do everything for them. They are totally dependant on others.Example - Person who is unhealthy or uneducated and anyone else has to his all work. One who even cannot earn for his self consumption.
Community Answer
"Population acts as both asset and liability for the nation ". Justify...
*The population is an asset as after proving investment on human resource can developed .

*They can be a part of member of who work for growth and development of country's GDP.

*As more human resource means more production, which lead to decrease in poverty.

*Country can easily chase the problem of dependent on other.

*Citizens of country live prosperous and healthy life.
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"Population acts as both asset and liability for the nation ". Justify the statement by examples?
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"Population acts as both asset and liability for the nation ". Justify the statement by examples? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about "Population acts as both asset and liability for the nation ". Justify the statement by examples? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for "Population acts as both asset and liability for the nation ". Justify the statement by examples?.
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