Question

what do you understand by people as resources
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Answer 1

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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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Answer 2

Answer:

It is a way of referring to a country's working people in 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.

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