Explain TWO policies that can be used to increase the labour force participation rate in the economy.

Sure, here are two policies that can be used to increase the labour force participation rate in the economy:

1. Education and Training Programs: Governments can implement policies that provide education and training programs to equip individuals with the necessary skills to participate in the labour market. This can be particularly beneficial for those who are unemployed or underemployed. These programs can range from vocational training, apprenticeships, to higher education scholarships. By improving the skill set of the population, it increases their employability and thus, can increase the labour force participation rate.

2. Family-Friendly Policies: Another policy could be the implementation of family-friendly policies. This includes policies such as paid parental leave, affordable childcare, and flexible working hours. These policies can encourage parents, especially women, to participate in the labour market. For instance, if affordable childcare is available, parents may be more willing and able to work, thus increasing the labour force participation rate. Similarly, flexible working hours can allow individuals to balance work and family commitments, making it more feasible for them to participate in the labour market.