Post
Topic
Board Economics
Re: Population: Economic strength or weakness
by
MarjorieZimmermanGinger
on 28/09/2023, 13:15:34 UTC
The fact that nations rich in resources are nevertheless having difficulty providing basic necessities is both funny and depressing. Picture yourself in possession of a gold mine, but without the means or expertise to extract the precious metal. Indeed, it is what these nations are doing. It reminds me of how early Bitcoin critics also failed to recognise the currency's potential. They choose to go the "easy" road of outsourcing rather than investing in their own people. It's a sign of a failing economy if its residents are leaving in droves for other countries in search of better prospects

But relying on outsiders without investing in your own human capital is a dangerous game to play. It may be too late to fix things when these quick cuts eventually fail
That is the reality of what happened and the government failed to carry out its power function in the country, so that even though they have abundant natural products they are unable to make their people prosperous. This is also a form of government that has failed constitutionally and they do not have a good vision at all to help their people. Human resources must be formed and trained in such a way, this aims to enable them to process their own natural products and government encouragement is also an inseparable part because with support from the government the people can more easily access these resources.

It is not too late if the government has the desire to train human resources, because natural products will still be available for some countries that are rich in nature. In-depth study is needed regarding this issue because depending on external work will increasingly make people in their own country lose the opportunity to work.