IMPORTANCE OF AN ECONOMICALLY ACTIVE POPULATION

in #busy6 years ago

According to economic terms, the first need of humanity is food, then the rest of the list can be defined in a different way for each individual, each one has certain different needs and hierarchizes them in a different order.

It is well known that the best way to maintain a stable economy in a country is through industrialization, where land, labor and capital play an important role, defining each of the following forms:

  • Land: It can be defined as the means of production, that is, the tangible place where it is produced

  • Work: The ability to transform those primary materials into finished or semi-finished products; Work can also be defined as remuneration for physical or mental effort.

  • Capital: It is defined as the money or the contribution of money to the 2 previous processes so that they can progress continuously.

Competitividad_Principal.jpg

The advantages of industrialization are many, almost endless, among which we can name: generation of jobs, the large supply of goods and services that triggers another advantage which is that more products are cheaper for the population, among others.

Now, knowing the importance of industrialization in a population or society, we are going to address the issue of an active population.

Population in economic terms is defined as a group of individuals who live on a stretch of land, where everyone interacts with each other.

It is very important that everyone be economically active because if the members of a state or country do not participate in its economy it would suffer great collapses, because the country would be forced to import all the goods that would consume the population and hire foreign labor to perform the required services.

Now with an economically active population, that is, that produces its own goods and services to meet their needs that are of increasing character, the state would not be in the obligation to import basic goods such as food by removing a large weight from above and leaving this process to the companies or the private market. Another big mistake would be to let the state carry out industrialization, because there would not be many offers because there would only be 1 product for each item and therefore the price of this would rise and devalue the national currency.

poblacion.jpg

It must be remembered that every sale and purchase process can be classified as the change of goods or services for another good or service, the money that is an object of exchange material is a good that you exchange for another good, an economically active individual it could satisfy their needs or try to satisfy most of these because they have the ability to work and develop both their individual economy and help the population's economy due to their contribution.

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