Is population an asset or liability for the economy?

Is population an asset or liability for the economy?

Answer: Population is an asset rather than a liability because if some money is spend on human resources, people would get better education which would lead to more people doing skilled work because of which the GDP would increase as many people will work together….

What do you think are the main problems causes by overpopulation?

Human overpopulation is among the most pressing environmental issues, silently aggravating the forces behind global warming, environmental pollution, habitat loss, the sixth mass extinction, intensive farming practices and the consumption of finite natural resources, such as fresh water, arable land and fossil fuels.

How is population an asset?

Large population can be an asset as it is mixed talents which will subsequently lead to progress. We have the largest human resource; their power can be utilized for development and education. A growing population is a liability for our nation’s growth.

What is the best definition of population?

A population is the number of organisms of the same species that live in a particular geographic area at the same time, with the capability of interbreeding. For interbreeding to occur, individuals must be able to mate with any other member of a population and produce fertile offspring….

Why is population growth a blessing?

From one aspect, a sudden high rate of population growth hinders the ability of an economy to develop. On the other hand, population growth is also a driver of economic development as it allows for a larger labour market and more demand in all markets.

Why is population referred as an asset?

Answer. Rising population is an asset, provided, the skills of the workforce is used to the maximum extent. If not channelized properly, it can be a liability for a nation. The population acts as a strength only when there is a potential to provide food, clothing, shelter, education, healthcare and jobs….