MP Board · Class 9 · Social Science · People as ResourceWhat does 'People as Resource' refer to?
'People as Resource' refers to a country's working population in terms of their existing productive skills and abilities. By pooling the educational attainment and health status of a population, human resource contributes to the Gross National Product (GNP). Like other resources such as land and physical capital, the population is also considered a resource, known as human resource.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of People as Resource.
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of People as Resource.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of People as Resource.