what is people as a resources
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People as a resource is a way of referring to a country's working people in terms of their existing productive skills and abilities.
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People who are part of the workforce are called human resource. By contributing in productivity, the human resource plays a significant role in the economy of a country. Any other resource becomes useful only because of the input by the human resource.
Investment in human capital yields a return like investment in other resources. Investment in human capital is done through education, training and healthcare. A person with better education usually earns better than an uneducated person. Moreover, a healthy person is more productive than an unhealthy person.
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Investment in human capital yields a return like investment in other resources. Investment in human capital is done through education, training and healthcare. A person with better education usually earns better than an uneducated person. Moreover, a healthy person is more productive than an unhealthy person.
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