Economy, asked by amansingh5818, 6 months ago

what do you understand by people as a resource​

Answers

Answered by Anonymous
63

Explanation:

‘People as a resource’ is a term that means how the population can be an asset and not a liability. It a way of referring to the working class of society in terms of their existing productive skills and abilities. The population becomes human capital when an investment is done in the form of education and training. Education and health also help human beings to be an asset to the economy. Thus, people as a resource refers to the working population that results in the development of society.

Answered by LimaRachel20
3

People as resource' refers to a country's working people in terms of their existing productive skills and abilities. When existing human resource is developed by becoming educated and healthy it turns into human capital. ... Human beings perform many activities which can be grouped into economic and non-economic

hope it helps u

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