Economy, asked by SweetyPyy452, 11 months ago

What do you understand by 'people as a resource'?​

Answers

Answered by simplegirl16
4
'People as Resource' is a way of referring to a country's working peoplein terms of their existing productive skills and abilities. Human resource is an asset for the economy rather than a liability. Population becomes human capital when there is investment made in the form of education, training and medical care.
Answered by Riya090914
5

'People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. Looking at the population from this productive aspect emphasises its ability to contribute to the creation of the Gross National Product.

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