what do you mean by people as resource

4 hours ago 2
Nature

"People as a resource" refers to viewing the population of a country not as a burden but as an economic asset because of their productive skills, abilities, knowledge, and talents. This concept emphasizes that the working people contribute to the creation of goods and services, thereby increasing the Gross National Product (GNP) and driving economic growth

. People become a valuable resource through education, training, and healthcare, which develop their skills and productivity-this process is known as human capital formation. Unlike natural resources, human resources can regenerate, adapt, and evolve, making them a dynamic and indispensable asset for any economy

. In organizational and economic contexts, people are called resources because they are essential for performing tasks, making decisions, innovating, and achieving business or national objectives. They are the ones who apply skills and knowledge to utilize other resources effectively. Employees, for example, are considered a company’s greatest resource because they understand workflows, customer needs, and can anticipate problems and suggest improvements

. In summary, "people as a resource" means recognizing the population's potential to contribute productively to economic development through their skills, knowledge, and health, making them a critical factor in a nation's progress and prosperity.