People as resourse
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The document discusses different types of resources including natural resources like renewable and non-renewable resources. It also discusses human resources referring to a country's working population and their skills. Physical capital is defined as manufactured assets like machinery and buildings used for production. Finally, it discusses how human resources can impact economic growth by increasing productivity, specialization, physical capital formation, and demand.
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People as resourse
- 2. OVERVIEW
- 3. RESOURCE…?
- 5. NATURAL RESORCE Renewable Non resource renewable resource
- 8. HUMAN RESOURCE People as Resource is a way of referring to a country’s working people in terms of their existing productive skills and abilities.
- 11. PHYSICAL CAPITAL Physical capital refers to any manufactured asset that is applied production, such as machinery, buildings, or vehicles, which is one of the three primary factors of production (the other two are land and labor/workforce).
- 18. Quality of Population Education Health Unemployment
- 21. Impact Of Human resource On Growth Efficient labour increases the productivity with the help of latest technology. Human resource increases the specialization of a person in a particular product. Physical capital formation. Increase in demand