What is referring as resource of the country?

The working people of a country are referred to as a resource because of their skills and capabilities.

Why are people termed as resources?

Humans are termed as resource because it is their ability ,knowledge and skill that turns a thing to a useful resource.

What kind of people are referred as resource class 9?

‘People as a resource’ is a term that means how the population can be an asset and not a liability. It a way of referring to the working class of society in terms of their existing productive skills and abilities. The population becomes human capital when an investment is done in the form of education and training.

Why is human resource more superior than land and capital explain by giving examples?

Human resource makes use of other resources like land and physical capital to produce an output. Human resources are considered superior to other resources as it is not confined to one region or place. It can spread to other places and diversify.

Why humans are considered a resource class 9?

People can make the best use of nature to create more resources when they have the knowledge, skill and technology to do so. This is why human beings are considered a resource. It is the abilities of human beings which help in transferring a physical material into a valuable resource.

Why is human resource considered to be the best resource explain?

People are human resources. They are a considered as best resource because it is people that make the best use of nature and create resources with the help of their knowledge, skills and technology. For example, iron became a resource only when people learnt the art of extracting it from its ore.

How is human resource different from 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?

The major difference between human capital and human resources is that human resources are the human potential that can be drawn from a vast pool of resources. Human capital refers to the skills, expertise that are already invested and utilized.

Why is human resource more superior than land and capital explain by giving examples Class 9?

What was human resources called before?

Most believe that the first human resources department was established by The National Cash Register Company in 1901 following several strikes and employee lockouts. Although it was referred to then as “personnel,” the new department’s role, as established by NCR leader John H.

What does Google call their HR department?

To start with, at Google it’s not called human resources; instead, the function is called “people operations”. The VP and leader Laszlo Bock has justifiably learned to demand data-based decisions everywhere.

Why is human resource considered superior to land and capital?