Question

1. What do you understand by ‘people as a resource’?

Answer 1

‘People as a resource’ is a term that means how the population can be an asset and not a liability. It a way of referring to the working class of society in terms of their existing productive skills and abilities. The population becomes human capital when an investment is done in the form of education and training. Education and health also help human beings to be an asset to the economy. Thus, people as a resource refers to the working population that results in the development of society.

Answer 2

ғᴏʟʟᴏᴡ ᴍᴇ ᴍᴀʀᴋ ᴀs ʙʀᴀɪɴʟɪᴇsᴛ

Explanation:

Let's start with, 'People as a resource' refers to a country's working people in terms of their existing productive skills and abilities. The population of a nation can be its asset rather than a liability. When existing human resource is developed by becoming educated and healthy it turns into human capital