What do you understand by ‘people as a resource’?

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asked Jan 13, 2018 in Economics by Ankit Agarwal (28,847 points) 7 31 67

What do you understand by ‘people as a resource’?

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answered Jan 13, 2018 by Ankit Agarwal (28,847 points) 7 31 67
 
Best 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.

People as a resource is a way of referring to the country’s working population in terms of their existing productive skills and abilities.

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