15. People are the greatest resource that a country has." Explain.
Answers
Answer:
Humans are said to be the greatest resource that a country has because it is the humans that have the knowledge to use resources in many different ways the utilise the skills that they posses for the betterment of a country hence making it further developed for the future generations.
Answer: Human capital can make use of land and capital for further production, whereas land and capital cannot become useful on its own.
Four factors which can improve the quality of human resources.
Education,
Health,
Training,
Technology.
‘Countries like Japan did not have any natural resources, still they are developed countries, because -
They have invested on people especially in the field of education and health.
The skilled and trained people have made efficient use of other resources like land and capital. Efficiency and technology evolved by people have made these countries rich/developed.