write a short note on people as resource
Answers
Answer:
Explanation:
People are a primary resource in the economy. For anything to happen which adds up to the economy, then people must be involved through their skilled or non skilled labour to work.
This labour from people is called Human resourse.
The human capital when used in any economic field has got returns just like any other capital.
Human capital has to be natured for optimum results.
It is natured through the following ways:
Educating the people
Provision of healthcare
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Answer:
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.