Question

What is meant by 'People as Resource'? Explain how is human resource different from other resources like land and physical capital.

CBSE Class IX Social Science SA (3 Marks)

Answer 1

Answer:

People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. ... Like other resources population also is a resource — a 'human resource'.

Human resource is different from other resources in many senses. Human resources need education, training and healthcare to develop. On the other hand, land and physical capital need money and physical inputs to develop. Land and physical capital are useless without human resources.

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Answer 2

‘People as Resource’ refers to the people of the country working with their respective skills and ability.

Explanation:

• If the present human population or resource becomes more educated and healthy then the population would become human capital that strengthens the productivity of the country.
• When people become part of the productive their income increases as result higher income results in higher productivity. In this case productive people becomes economical asset of the country. The unemployed educated people turns in to liability instead of assets.
• Physical and land capitals are useless without human resource. Human resource are completely dissimilar from the land and physical capital, because human resources need to education, protection, training, health guard to grow and progress, however physical and land capitals need money and physical power as inputs to develop.

To learn more:

1. "Human resource is the most significant factor for development" justify this statement:

https://brainly.in/question/4437252

2. Write a short note on Ministry of Human Resource Development:

https://brainly.in/question/6847757