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Question
Give Geographical Reason.
Productive population is an important group.
Give Reasons
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Solution
- Productive people are vital because they help build the country. Human resources drive economic progress. Low working populations limit economic growth even in high-income economies.
- Even when labourers earn a lot, a low workforce lowers economic production.
- Working population growth boosts output. The simple maths of population growth produces work and production incentives, which boosts output and productivity.
- An expanding productive population indicates a larger market for most commodities and services, and we know that market size limits labour partitioning.
- Entrepreneurs may invest more in goods and machinery in a rising market. This will increase business activity, money, and jobs.
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