Exercises . What do you understand by people as a resources?
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Labour
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Labour is the physical and mentally effort put by people(workers) in the production process in a business and the reward for labour is wages and salaries
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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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