The scope of the term resources is widened include human resources as well .explain
Earlier minerals along with other natural materials useful for human beings were considered as resources. However, in later years, the scope of resources widened and include human as resources. Human beings are considered as resources because they transform materials into resources with the help of their knowledge, skills and technology. Healthy, educated and motivated people play an important role in the development of the economy. Thus, they are one of the greatest resources.
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