Why Is Human Resource Important In Economic Development?

Why Is Human Resource Important In Economic Development? The human resource plays a significant role in the economy of a country by contributing to productivity. The other resource becomes useful because of the input by the human resource. Investment in human capital yields a return and it is done through education, training, and healthcare. Does

How Does Human Capital Increase Economic Growth?

How Does Human Capital Increase Economic Growth? Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. … The skills provide economic value since a knowledgeable workforce can lead to increased productivity. How can an increase in human capital lead to an increase in