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What is the reason to call population a human resource?
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A population is referred to as a 'human resource' because it represents the collective potential of individuals to contribute to the economic, social, and cultural development of a nation. Instead of being viewed as a liability, a population, when equipped with education, health, and skills, can become a valuable asset.
Here are the key reasons why a population is considered a human resource:
- Skills and Knowledge: A healthy, educated population possesses the skills and knowledge necessary for innovation, productivity, and economic growth.
- Labor Force: The population provides the labor force required for various sectors of the economy, driving production and service delivery.
- Innovation and Creativity: A diverse and engaged population fosters innovation and creativity, leading to new ideas, technologies, and solutions to societal challenges.
- Demand and Consumption: The population creates demand for goods and services, stimulating economic activity and supporting businesses.
- Social and Cultural Development: A vibrant population contributes to the social and cultural enrichment of a nation through arts, traditions, and community engagement.
In essence, the term 'human resource' emphasizes the importance of investing in people's well-being and capabilities to unlock their full potential and drive sustainable development.
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