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People as resourse
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OVERVIEW
RESOURCE…?
NATURAL RESORCE
Renewable resource
Non renewable resource
Renewable resources
Non-Renewable Resources
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.
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).
PHYSICAL CAPITALPHYSICAL CAPITAL
ECONOMIC ACTIVITY
Quality of Population Education Health Unemployment
MEASURESControlled populationSkill educationProper healthKnowledge of market
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