In India, resource development does not only involve the availability of resources, but also the technology, quality of human resources and the historical experiences of the people. Do you agree with the given statement? Justify your answer with a suitable explanation.
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Answer:
Indeed I agree with the statement that the quality of human resource matter for resource development.
Explanation:
This is because in order to use a resource to its full capacity backhand knowledge of that resource is essential which can be developed by improving the quality of human resource by investing in knowledge and health.
With a great historical experience of tapping a resource, a person has an estimation regarding all the risk factors involved, safety measures needed, capital investment required, current market demand of that resource and the current cost of human labor in that sector.
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