29: What do you understand by People as resource"?
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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.
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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.
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