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Understanding Marginalisation

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People As Resource

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People as Resource Class IX   1. What do you understand by ‘people as a resource’? Answer: ‘People as a resource’ is a way of referring to the working population of a country, in terms of their existing productive skills and abilities. A large population is considered as a liability, rather than an asset. However, a large population can be turned into a productive asset by investing in education, training and the medical care of the people. A productive population contributes considerably towards creation of Gross National Product. ‘People as a resource’ is the positive side of a large population that is often overlooked. 2.How is human resource different from other resources like land and physical capital? Answer: The following are the main differences between human resources and other resources such as land and physical capital: 3. What is the role of education in human capital formation? Answer: (i) An educated society facilitates better development than an illiterate one. ...
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