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What you understand by people as a resource?

Updated: 8/17/2019
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14y ago

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'People as a Resource' is a way of referring to a country's working capital in terms of their existing productive skills and abilities. Like various other resources people or population is a resource commonly termed as - 'Human Resource'. There are some people who regard population as liability rather than an asset. But it is not true; people can be turned into a productive asset if we make investment on them in the form of education, training and medical care. For example, Japan did not have any natural resource. They made investments on their people especially in the fields of education and health. Ultimately, these people after efficient use of their resources made their country rich and developed.

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