Prepare a note on how human resource development helps in economic dev

1.	Prepare a note on how human resource development helps in economic development.
Answer» Human resource development helps to increase production directly and indirectly. A country requires people to produce goods and services efficiently. Labor force in various fields has to be developed for the same. People contribute for the production. As they own the labor power and helps to increase in production of goods and services. As a result this improves the social- economic condition. The development prospects of a country don’t depend on the natural resources. The coal reserves of Korbar field in M.P remain unutilized, until the zone was opened with railway link connecting Bhilai Steel Plant. Man is a development key, whose abilities, values and attitudes must be changed for a development process. Education and healthcare helps the human resource development.

Prepare a note on how human resource development helps in economic development.

Answer»

Human resource development helps to increase production directly and indirectly. A country requires people to produce goods and services efficiently. Labor force in various fields has to be developed for the same. People contribute for the production.

As they own the labor power and helps to increase in production of goods and services. As a result this improves the social- economic condition.

The development prospects of a country don’t depend on the natural resources. The coal reserves of Korbar field in M.P remain unutilized, until the zone was opened with railway link connecting Bhilai Steel Plant. Man is a development key, whose abilities, values and attitudes must be changed for a development process. Education and healthcare helps the human resource development.

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