Q.1 What do you understand by ‘people as a resource’?
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'People as a resource' is a term that means how the population can be asset and not a liability.It is a way of referring to the working class of society in terms of their existing skills and abilities.
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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.
When the existing ‘human resource’ is further developed by becoming more educated and healthy’ we call it ‘human capital formation.
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