Question

Exercises 1. What do you understand by 'people as a resource'? ​

Answer 1

Answer:

'People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities.

Answer 2

Answer:

‘People as Resource’ is a way of referring to a country’s working people in terms of their existing productive skills and abilities.

When the existing ‘human resource’ is further developed by becoming more educated and healthy’ we call it ‘human capital formation.