Define human resources.
from NCERT class 9th economics chapter 2
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People as Resource is an effort to explain population as an asset for the economy rather than a liability. Population becomes human capital when there is an investment made in the form of education, training and medical care. Human capital is the stock of skill and productive knowledge embodied in them.
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'People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. Human resource is an asset for the economy rather than a liability. Population becomes human capital when there is investment made in the form of education, training and medical care.
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