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People As Resource

Question

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Why investment in human resource is important?

Solution

Investment in human resource can give high rates of return in the future.
This investment on people is the same as investment in land and capital.

Some More Questions From People As Resource Chapter

How is human resources different from other resources like land and physical capital?

What is the role of education in human capital formation?

What is the role of health in human capital formation?

What part does health play in the individual's working life?

What are the various activities undertaken in the primary, secondary and the tertiary sector?

What is the difference between economic activities and non-economic activities?

Why are women employed in low paid work?

How will you explain the term unemployment?

What is the difference between disguised unemployment and seasonal unemployment?

Why is educated unemployment, a peculiar problem of India?

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