Class 9 Exam  >  Class 9 Questions  >  WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURC... Start Learning for Free
WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES?
Most Upvoted Answer
WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES?
People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. Looking at the population from this productive aspect emphasises its ability to contribute to the creation of the Gross National Product.
Community Answer
WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES?
People as Resources

People as resources refer to the individuals who contribute their skills, knowledge, and abilities to help achieve organizational goals and economic development. In this context, people are considered valuable assets or resources that can be utilized to create wealth and improve the overall well-being of society. Let's delve deeper into understanding the concept of people as resources.

Key Points:
- Human capital
- Skills and abilities
- Economic development
- Education and training
- Health and well-being

Human Capital:
People are often referred to as human capital because they possess skills, knowledge, and abilities that can be used to generate economic value. Just like physical capital such as machinery and infrastructure, human capital plays a crucial role in driving economic growth and development. It is the collective knowledge, skills, and expertise of individuals that contribute to the productivity and efficiency of an organization or society as a whole.

Skills and Abilities:
People bring a wide range of skills and abilities to the table, which can be harnessed to enhance productivity and innovation. These skills may include technical expertise, problem-solving abilities, creativity, communication skills, and leadership qualities. By leveraging these skills, individuals can contribute to the growth and success of organizations, industries, and economies.

Economic Development:
The concept of people as resources emphasizes the importance of investing in human capital to drive economic development. When individuals are empowered with education, training, and opportunities to develop their skills, they become more productive and can contribute to the growth of industries and the overall economy. This, in turn, leads to higher living standards, increased employment opportunities, and improved quality of life for the population.

Education and Training:
Education and training play a vital role in developing human capital. By acquiring knowledge and skills through formal education, vocational training, or on-the-job learning, individuals enhance their capabilities and become more valuable resources. Governments, organizations, and societies invest in education and training programs to ensure that individuals are equipped with the necessary skills and knowledge to meet the demands of the labor market and drive economic growth.

Health and Well-being:
Another important aspect of viewing people as resources is recognizing the significance of health and well-being. Healthy and well-nourished individuals are more likely to be productive and contribute effectively to organizations and societies. Access to healthcare, nutrition, and a safe working environment are essential for the well-being of individuals, enabling them to fully utilize their skills and abilities.

In conclusion, people as resources refer to individuals who contribute their skills, knowledge, and abilities to drive economic development and achieve organizational goals. By investing in education, training, and promoting health and well-being, societies can harness the full potential of their human capital, leading to increased productivity, innovation, and overall prosperity.
Attention Class 9 Students!
To make sure you are not studying endlessly, EduRev has designed Class 9 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 9.
Explore Courses for Class 9 exam

Top Courses for Class 9

WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES?
Question Description
WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES?.
Solutions for WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES? in English & in Hindi are available as part of our courses for Class 9. Download more important topics, notes, lectures and mock test series for Class 9 Exam by signing up for free.
Here you can find the meaning of WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES? defined & explained in the simplest way possible. Besides giving the explanation of WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES?, a detailed solution for WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES? has been provided alongside types of WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES? theory, EduRev gives you an ample number of questions to practice WHAT DO YOU UNDERSTAND BY PEOPLE AS A RESOURCES? tests, examples and also practice Class 9 tests.
Explore Courses for Class 9 exam

Top Courses for Class 9

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev