Question

what do you understand by the term of people as resource​

Answer 1

People as Resource' 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.

Answer 2

1) people as a resource is a way of referring to a country's working people in terms of their existing productive skills and abilities.

2) human capital is the stock of skill and productive knowledge and embedded in them.

3) it is also known as ability to contribute to creation of gross national products.