
People as a Resource: The True Wealth Nation Introduction Natural resources like water, wood, and minerals are frequently pictured when we think of resources. However, human capital—people themselves—is one of the most important resources that propel social and economic advancement. Human resources are essential for shaping economies, industries, and society. By being innovative, educated, and skilled, people can change their surroundings and support sustainable development. 'People as a Resource': What Does It Mean? The idea of people as a resource highlights the social and economic benefits of having a knowledgeable, competent, and healthy population It emphasizes how properly developed human potential can result in prosperity and the advancement of a country. To improve their human resources and, in turn, their economies, governments around the world invest in healthcare, education, and skill development. Instances of Human Resources Fueling Economic Development 1. Japan: ...