Podcast
Questions and Answers
What is the main focus of the chapter 'People as Resources'?
What is the main focus of the chapter 'People as Resources'?
- Viewing the population as valuable human capital (correct)
- Utilizing human population for national defense
- The role of technology in economic development
- The impact of climate change on the workforce
How does the concept of 'People as Resources' contribute to economic development?
How does the concept of 'People as Resources' contribute to economic development?
- By increasing unemployment rates
- By reducing the need for education and skills development
- By promoting excessive reliance on natural resources
- By recognizing the potential of human talent and skills (correct)
Why is it important for a country to view its population as valuable human capital?
Why is it important for a country to view its population as valuable human capital?
- To discourage investment in education and skill development
- To limit the potential for economic growth and innovation
- To decrease the standard of living for citizens
- To improve the overall health and well-being of the population (correct)