Table of Contents
- 1 What do you understand by people as a resource Toppr?
- 2 What do you mean by human resources class 9?
- 3 Why are people known as a resource?
- 4 What do you understand by people as resource How is human resource different from other resources like land and capital?
- 5 What do you mean by human resources class 8?
- 6 How is the human resource different from other resources like land and physical capital?
- 7 Why are people termed as resource?
- 8 What is meant by people as a resource?
- 9 Who are people as resources and economic activities?
- 10 How are human resources different from other resources?
What do you understand by people as a resource Toppr?
Answer: (people as resource) is a way of referring to a country’s working people in terms of their productive skills and abilities because the humans contribute to GDP they are also considered as a resource.
What do you mean by human resources class 9?
Human resource is the intelligence of humans used in production activity. – Human resource is needed for organising and making maximum utitlisation of all the other factors of production such as Land , Labour ,and Physical Capital.
What does people as a resource mean Brainly?
“People as a Resource” refers to a nation’s working citizens in terms of their talents and skills.
Why are people known as a resource?
Human or people are considered to be resource because they can transform the things available in nature into resources through their needs and abilities. Explanation: The population can transforms into human resources as a result of investment in education training and medical services.
What do you understand by people as resource How is human resource different from other resources like land and 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.
What do you mean by human resources class 10?
Human resource refers to the people who are part of the workforce. The human resource plays a significant role in the economy of a country by contributing to productivity. The other resource becomes useful because of the input by the human resource.
What do you mean by human resources class 8?
The term human resources refers to the size of the population of a country along with its efficiency, educational qualities, productivity, organisational abilities and farsightedness. It is the ultimate resource, but not equally, distributed over the world.
How is the human resource different from other resources like land and physical capital?
Human resources are different from other resources like land and physical capital because human beings can use additional resources to give out productive output. However, resources like land and physical capital depend on human resource use and cannot give any productive output.
What is the difference between human resource and human capital formation?
Answer: Human Resource : The people of a country are known as human resource. Human capital formation :Healthy and educated human population is known as human capital formation.
Why are people termed as resource?
Humans are termed as resource because it is their ability ,knowledge and skill that turns a thing to a useful resource.
What is meant by people as a resource?
‘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.
How are people used as a human resource?
People are resources that can be utilized as human capital when they hone their skills with proper education, skills, and healthcare. Population refers to all the inhabitants of a place. The quality of a population is determined by its literacy rate, skills, health, and life expectancy.
Who are people as resources and economic activities?
In the chapter, people as resources and economic activities refer to those activities undertaken by people for financial gains. These activities are done for monetary benefits by people. Most often, people employed in economic activities include businesspersons, lawyers, doctors, engineers, drivers, etc.
How are human resources different from other resources?
(i)Human resource is a primary factor of production as it can make use of land and capital. (ii)Human resource is an active factor of production. (i)Land and physical capital resources are secondary factors of production as they cannot become useful on their own. (ii)These are passive factor of production.