wsite a small paragraph on people Resource highlight the importance of education health and employment in making people an asset for the country
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Question 1: What do you understand by ’people as a resource’?
Answer: 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.
Question 2: How is human resource different from other resources like land and physical capital?
Answer: 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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