Grow Economy

[gmhingoro912]

Hello, the community I am a person asking how I can fetch better improvements in the country's economy.

[bitgov]

Hello, the community I am a person asking how I can fetch better improvements in the country's economy.

I have a Pakistani friend - who told me - that during COVID there was no jobs and people were laid off from their jobs, most of them started leaning freelancing.
and during the fiscal year 2020-2021 the freelance brough 3 billion revenue to the country.
Try to be an influencer tell people how they can earn money. Which region are you from?

[Hydrogen]

Hello, the community I am a person asking how I can fetch better improvements in the country's economy.

Under modernization, people exchanged self sufficient farms for cities and global markets. Skilled labor for mechanization and automation.

Recently we've seen trends in the opposite direction. People are abandoning cities and moving to rural areas to engage in off grid living. The high cost of fossil fuels is causing people to seek more local options. Skilled labor could be on the rise once again with DIY movements and processes like 3d printing. The high cost of living is making it popular for DIY options, due to the less feasible cost of hiring a professional.

I think those future trends which can be predicted and observed define a direction for an improving economy. Essentially things that used to be affordable and viable are becoming less so in our current era. Which is forcing us to seek alternatives. Fast tracking said alternatives is better for standard of living. Anything that accelerates or supports the transition process could fuel an economic boost.

Productivity is usually a big part of it. Boost productivity, create wealth and value. Distribute rewards evenly. Reduce things that destroy productivity and wealth.

[Yatsan]

Depends on what country are you currently in. If it is a third world country, ut is obvious that it would be tough because corruption is high in those countries ( actually likewise with my country). There are many ways to boost an economy of a country such as boosting tourism, supporting exportation of your own goods, and the likes. Adapting to technology would also be great if your country's economy would be able to do so. But as I said, plans won't make it easy, how a government would react will be crucial. In my country, Industrialization is visioned to make changes, but I guess agricultural sectors should be prioritize because I consider it as my country's asset. Feel free to guess my country haha.

[stompix]

Hello, the community I am a person asking how I can fetch better improvements in the country's economy.

First mandatory step
Don't vote for an imbecile who is all talk promising you everything will be great and he will do marvels in 4 (or 5) years.
The moment the population votes only with the slogans and not with somebody presenting the reality and the mandatory hardships of switching the country to the right path it will be just another 4 years of wasted time and sometimes making things worse.

Under modernization, people exchanged self sufficient farms for cities and global markets. Skilled labor for mechanization and automation.

Recently we've seen trends in the opposite direction. People are abandoning cities and moving to rural areas to engage in off grid living. The high cost of fossil fuels is causing people to seek more local options. Skilled labor could be on the rise once again with DIY movements and processes like 3d printing. The high cost of living is making it popular for DIY options, due to the less feasible cost of hiring a professional.

And where is that happening?
I can tell you for sure it's not happening in Europe and for certain not in the US either.
https://www.statista.com/statistics/985183/size-urban-rural-population-us/

Besides, the whole thing about costs is ridiculous, why would somebody leave a flat in the city because of costs when heating a house in a village would be twice the rent and the heating of a flat? I have both of them, last year I spent like around 100euros on the heating of the flat around 100sq mp and 5 times more for the house although I've been there only maximum 8-10 days a month, the rest of the period the heating was left on minimal to prevent damage.

3d printing? You can't afford to rent in the city but you can go and buy a 3d printer and the material for it?
Gas? So you leave the city behind where you can use the metro or the bus and you go deep into the woods where if an emergency happens you have to drive 100km back to it? What about groceries? What about work?

[Gozie51]

Because of the current development in technology, I believe if you learn things related to how to manufacture and create something then you can survive very well even in your country. I guess Pakistan is may not be friendly with cryptocurrency if not learning blockchain technology will create more wealth and relevance for you in the future but whatever be the case if you manage to learn to invest in crypto, this is another area for youth engagement.

[Gayong88]

It's also important to consider long-term economic trends rather than just focusing on numbers that are just a reflection of the past. Here I believe we are capable of analyzing your own economy and if you see something unprofitable, do what you can to try and fix it even if it is difficult or expensive. GDP, unemployment rate, and these types of economic indicators. These numbers can be manipulated so don't let them influence how you think about your economy.

[Rruchi man]

Because of the current development in technology, I believe if you learn things related to how to manufacture and create something then you can survive very well even in your country.

In addition to the suggestion already given, you can also look for a service in demand in your country and put yourself in a position to offer it/render such services.

I guess Pakistan is may not be friendly with cryptocurrency if not learning blockchain technology will create more wealth and relevance for you in the future.

Even if your country is currently not friendly with blockchain technology, it should not discourage you from trying to learn about it because there is a possibility of things changing quickly and perhaps maybe in no distance time, Pakistan which I suppose is your country may become friendly with cryptocurrency, and if you have already gained some knowledge about it you will be at an advantage.