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Q.

[[1]] refers to a country’s working people in terms of their existing productive skills and abilities.


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Detailed Solution

People as Resource refers to a country’s working people in terms of their existing productive skills and abilities.
Looking at People as Resources is a way of referring to a country's population as productive. People can be an asset to a country after investments in them in the form of education, healthcare and training. When human resource is developed by becoming more healthy and educated, we call it human resource development or human resource formation. Just like physical resources, human resources also yield good returns on investment as better-educated, better-trained and healthier people are more productive and earn more income than their counterparts. Then they can contribute to the creation of the country's national product.
 
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