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Q.

[[1]] are considered as the greatest resource of a country.


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Detailed Solution

People are considered as the greatest resource of a country. The reasons why people are the finest resource are as follows:
1)      Human capital is individuals' knowledge, skills, and life experiences that contribute to managing a country's natural resources.
2)      Labour: People in the country do labour- and factor-related services in a number of economic sectors, which indirectly keeps companies and enterprises running.
3)      Contribution to GDP – the production of products and services helps to maintain GDP. They contribute to a rise in the economy's gross domestic product by providing their services.
4)      People differ in age, ethnicity, sex, and ability. Significant economic growth will lead to the distribution of people according to their abilities.
 
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[[1]] are considered as the greatest resource of a country.