People as Resource Notes of Ch 2 | Class 9th Economics | EduGrown

Study Material and Notes of Ch 2 People as Resource Class 9th Economics

‘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. Population becomes human capital when there is investment made in the form of education, training and medical care. In fact, human capital is the stock of skill and productive knowledge embodied in them..

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