Post
Topic
Board Economics
Re: Is labour wealth?
by
$anounimus$
on 17/09/2024, 18:53:27 UTC
Of course labor is considered an asset, labor is not only an asset but a valuable asset. The more industrious a nation is, the more developed it is.  A lazy nation can never prosper on earth. Industrial revolution and agricultural development in a country requires an industrious nation. Japan, China and the United States of America are known as the most advanced and prosperous nations in the world because of their hard working people.
Every country will always think of employment for its people so that prosperity can be felt together. I agree with you that the developed countries are mostly because the people are diligent and working hard. But in essence everyone is indeed required to work in any way as long as it does not conflict with the law in the country. In addition, the government is also obliged to think about how the people can get a job to reduce the high crime rate which of course will impact on the balance of the country itself.