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A large population can be converted into a productive asset ______. - Economics

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Question

A large population can be converted into a productive asset ______.

Options

  • by investment in education

  • by increasing employment opportunities

  • by investment in health

  • both by investment in education and by investment in health

MCQ
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Solution

A large population can be converted into a productive asset by investment in education and by investment in health.

Explanation:

A large population can be converted into a productive asset by investing in education, which produces skilled and trained workers, and investing in health, which increases the physical capacity and efficiency of the labor force. Good health and education improve human capital, leading to higher productivity and economic development.

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Chapter 9: Tertiary Sector - QUESTIONS [Page 145]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 9 Tertiary Sector
QUESTIONS | Q 3. | Page 145
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