Give the importance of human resource in the economic development of the country.?

Question

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Answer 1

If you don't have people you can't develop a country's economic resources. For a country to grow economically it must have producers and consumers; the more of both the more activity and the more wealth production. For example Europe has a problem now that with a falling birthrate it will not be able to sustain economic growth unless it resorts to immigration; the same is true for the US. If the 'illegal' immigrants from Mexico were expelled the US economy would suffer. Some links below give some further info on the connection between Human resources and economic development - one in from China, the other World-wide.