What do you understand by ' people as a resource'?
Answers
Answer:
'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. ... Thus, people as a resource refers to the working population that results in the development of society.
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Question-
• What do you understand by ' people as a resource'?
Answer-
=> 'People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities.
Investment in human capital yield a return just like investment in physical capital.
Looking at the population from this productive aspect emphasises it's ability to contribute to the creation of the Gross National product. Like other resources population also is a resources - a 'human resource'.