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Answer : People are considered resource because it is humans who bring all the natural resources into use. Without human effort, even the most precious natural resource could not become usable. Human beings are the drivers of civilization.
Why are humans considered as a resource?
Human beings are considered as an important resource because they make the best use of the nature to create more resources. They can do this as they have the knowledge, skill and the technology to do so. This ability is acquired by people on the basis of education received by them.
Why are human beings considered a resource class 9?
Answer: People can make the best use of nature to create more resources when they have the knowledge, skill and technology to do so. This is why human beings are considered a resource. It is the abilities of human beings which help in transferring a physical material into a valuable resource.
Is human a resource?
Human being is not a resource by itself. The knowledge, education, skills etc. that a human being possess are resources.
Which is the most important resource Why?
Water. Without a doubt, water is the most abundant resource on the planet. Approximately 72 percent of our planet is covered with water.
Can a person be a resource?
Why Are People Called Resources? Employees are the ones who get the job done. They know how the organization and especially how their specific team works best. So, yes, employees are resources and very valuable resources at that.
Which is the most important resource Why Class 9?
People can make the best use of nature to create more resources when they have the knowledge, skill and technology to do so. This is why human beings are considered a resource. It is the abilities of human beings which help in transferring a physical material into a valuable resource. hope it helps!!!!Aug 29, 2017.
What makes the human beings the most valuable resource?
human beings are the most valuable resource of the world BECAUSE human resource is superior to all other resources land and physical capital cannot become useful on its own only human capital can make the best use of these resources.
What are 3 examples of human resources?
Examples of human resources: Recruitement, HR Letters, Compensation & Benefits Training Process, Induction & Joining Formalities, Employees Provident Fund.
What is people resource?
‘People as Resource’ is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Looking at the population from this productive aspect emphasises its ability to contribute to the creation of the Gross National Product.
What are the 5 human resources?
The 5 Core Human Resources Functions Compensation and Benefits. Recruiting and Staffing. Safety and Compliance. Training and Development. Talent Management.
What are 20 natural resources?
Water. Air. Coal. Oil. Natural gas. Phosphorus. Bauxite. Copper.
What is the most important resource for humans?
1. Water. Like soil, water is one of the most important natural resources for the existence of life. Fresh water is considered a renewable resource, but most of the water humans drink comes from groundwater sources that are being depleted faster than they can be replenished.
What are the three most important resources?
Three basic resources—land, water, and air—are essential to survival. The characteristics and quantity of a resource are defined by whether it is a renewable, nonrenewable, or flow resource. Renewable resources can be replenished if their environments remain intact.
How people can be called as a resource?
“Human beings are also considered to be resource because it is the ability of the humans what helps to change the gifts of nature into valuable resources. Human beings are considered a special resource. Education and health help in making people a valuable resource.
Is money a resource?
Money is not capital as economists define capital because it is not a productive resource. Money merely facilitates trade, but it is not in itself a productive resource. Remember, goods and services are scarce because the factors of production used to produce them are scarce.
What are the main consequences of unemployment Class 9?
EFFECTS OF UNEMPLOYMENT IN INDIA 1) Wastage of man power resource. 2) People who are an asset for the economy turn into a liability. 3) There is a feeling of hopelessness and despair among the youth. 4) People do not have enough money to support their family and decline in the health condition.
Why is human resource important for development?
Why Is HRD Important? Human resources development is important because it is an investment in one’s employees that will ultimately result in a stronger and more effective workforce. When an organization develops their employees, they are strengthening their assets and making these employees even more valuable.
How is human resource different from other?
Human resources are different from other resources like land and physical capital because human beings can use additional resources to give out productive output. However, resources like land and physical capital depend on human resource use and cannot give any productive output.
What is the most valuable resource on earth?
Data is now the most valuable resource in the world, beating out oil, according to The Economist.
What are the 2 main factors that make humans a valuable resource?
People are human resources. Education and health help in making people a valuable resource.
What are the most valuable resource of the nation?
Human resources are seen as the most important economic resource. The reason being that, human beings are: durable and renewable resources. Quality of human material is the ultimate determinant of economic success or failure of nations.
What are 4 examples of human resources?
How Does Human Resources Work? Compensation and benefits. Recruiting and hiring employees. Onboarding. Performance management. Training. Organization development and culture.
What are the two major types of human resources?
Answer: The two types of human resources are- The business centered and strategical focused HR leader. 1. Core HR Technology:- its includes Payroll, Time and attendance, Workforce management (WM), Employee communications, Benefits administration,Human resources information system.
What is HR in simple words?
Human resources (HR) is the department within a business that is responsible for all things worker-related. That includes recruiting, vetting, selecting, hiring, onboarding, training, promoting, paying, and firing employees and independent contractors. Other resources simply don’t have that capacity.
