Is population an asset or liability?
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. The high growth rate hampers the economic development of India.
Why population is considered as a liability rather than an asset?
Answer: For many decades in India, a large population has been considered a liability rather than an asset. It can be turned into productive asset by investment in human capital.
Why is population considered as an asset?
Answer. Population is considered an asset because they can work to add to the economy of a country.
What kind of people become asset for economy?
People become an asset for the economy of a village or country by investing in the skills and investing them in the process of further production. Hnec, in this process, they become human resources or human capital.
How are people an asset to the economy?
⇒ People are called as assets due to their knowledge and enterprise. ⇒ People use this knowledge and skills, and help in production. ⇒ Production, in-turn causes economic development of a country.
What is the greatest asset of our economy?
Human Capital: The Greatest Asset of Economies on the Rise.
Which is not an asset to the economy?
Business assets include money in the bank, equipment, inventory, accounts receivable and other sums that are owed to the company. Hence, a building that has been taken on rent by the business for its use would not be regarded as an assets because company have no ownership of that building.
Which of following is not considered an asset?
Explanation: Business assets include money in the bank, equipment, inventory, accounts receivable and other sums that are owed to the company. Hence, a building that has been taken on rent by the business for its use would not be regarded as an assets because company have no ownership of that building .
Which one of the following is not asset?
1 Answer. Owner’s Equity is the answer.
What do you mean by an asset and what are different types of assets?
An asset is a resource owned or controlled by an individual, corporation. Common types of assets include current, non-current, physical, intangible, operating, and non-operating.
What classifies as an asset?
An asset is anything of value or a resource of value that can be converted into cash. Individuals, companies, and governments own assets. For a company, an asset might generate revenue, or a company might benefit in some way from owning or using the asset.
Is car an asset?
The short answer is yes, generally, your car is an asset. Your car is a depreciating asset. Your car loses value the moment you drive it off the lot and continues to lose value as time goes on.
What is difference between liabilities and assets?
In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefit. Liabilities are what you owe other parties. In short, assets put money in your pocket, and liabilities take money out!
What is the difference between capital and assets?
Assets are the economic resources belonging to a business. Assets could be money in a cash register or bank account, or items such as property, fixtures and furniture, equipment, motor vehicles, and stock or goods for resale. Capital is the value of the investment in the business by the owner(s).
What is capital very short answer?
Capital includes all goods that are made or created by humans and used for producing goods or services. Capital can include physical assets, such as a production plant, or financial assets, such as an investment portfolio. Capital can also refer to money invested in a business to purchase assets.
What does capital include?
Capital includes the cash and other financial assets held by an individual or business, and is the total of all financial resources used to leverage growth and build financial stability.