What do you mean by 'People as resource' ?Explain economics and non economic activities by men and women
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people as resource means is a way of referrring to a country's working people in terms of their existing productive skills and abilities.
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People as a resource.
Explanation:
- People as a resource is used to refer to the working people of the nation in terms of their output generating skills and abilities.
- Human resource is usually believed to be an asset to a nation instead of a liability.
- They became human capital when there is an investment made in the field of education, medical care and training etc.
- Moreover, it is also believed that human capital is a stock of knowledge and skill.
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What do you understand by people as resource
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