ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Human beings are the most important resource of a country because they can use their intelligence and ability to exploit other resources such as land minerals and water in the best possible way.

Detailed explanation-2: -Solution. Human beings are the most important resource of a country as they can exploit other resources.

Detailed explanation-3: -It is people with their demands and abilities that turn them into ‘resources’. No resource can be utilised without the intervention of people. It is the people who add value to a resource. Hence, human resources are considered as a very important resource.

Detailed explanation-4: -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.

Detailed explanation-5: -Land is the most important natural resource. It is considered an essential resource because we are using it for several purposes such as agriculture, forestry, mining, building houses and roads, and setting up industries.