The active population of a country determines the size of its

Answer Details

The active population of a country determines the size of its labour force. The labour force of a country consists of all those individuals who are currently employed or actively seeking employment. It does not include individuals who are not actively seeking employment, such as students, retirees, or those who have given up on finding work. The labour force is an important determinant of a country's economic resources, as it represents the pool of available workers who can produce goods and services. The size of the labour force directly affects the level of national income and gross domestic product (GDP) of a country. National income is the sum of all income earned by a country's residents, including wages, salaries, profits, and taxes. GDP is the total value of all goods and services produced within a country's borders in a given period of time. In summary, the size of a country's active population, or labour force, is an important determinant of its economic resources, national income, and GDP.