Explain the importance of human resource for development of population into human resource leads to development of a nation. Explain with three examples.
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Explanation:
Human resource refers to the people who are part of the workforce. The human resource plays a significant role in the economy of a country by contributing to productivity. The other resource becomes useful because of the input by the human resource.
Investment in human capital yields a return and it is done through education, training, and healthcare. It is truly known that a person who is educated earns better than an uneducated person. Also, a healthy person is much more productive than an unhealthy person.
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