Question

How does human resources development affect economic development

Answer 1

Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. ... Investing in workers has had a track record of creating better employment conditions in economies throughout the world.

Answer 2

Human resources development contributes positively to economic development if the education and health facilities are well off in the country as a skilled and healthy workforce results in better economic activities in the country.

Explanation:

• The huge population can be an asset to the country if the proper development of human resources takes place.
• Human development is measured based on the education level and amount of fitness one possess.
• Thus, better facilities and quality education processes contribute to the economic development of the country.

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