Choose the given statement is True/False

Illiterate and unhealthy population is not a liability for an economy.

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True

False

answer is B.

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Detailed Solution

The given statement is false.
An illiterate and unhealthy population is a liability for any economy. The population's quality is highly dependent on the education and health of the population. Only an educated person can be a human capital to his country. He can use his skills and education to convert other resources into productive ones and thus contribute to his country's economic and social development. Similarly, only a healthy individual can realise his full potential and work for the country. Unhealthy people may face difficulties in their work as they can't put more hours into position and their work may not meet the required quality. Hence the correct statement would be, An illiterate and unhealthy population is a liability for an economy.

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