Question

Answer this question in one or two paragraphs:

Explain briefly the impact of skilled human resource on the socio-economic development of the country.

Answer 1

Human resources play an important role in the overall development of a country.
Human resources are required for the proper utilization of a country’s natural resources like mineral, water, forest, etc. because the optimal utilization of these resources is necessary for the economic development of the country.
Skilled and knowledgeable human resources make rational use of all resources at their disposal and increase the volume of output and income for a country. They are well versed in using modem technology and thus help to bring development in a country. They help to increase production by producing a variety of goods and services of high quality.
The development of human resources works as a tool for economic change. It can make people knowledgeable, skilled, and physically healthy. This can lead to a change in the attitudes of the people, develop their thought processes, and improve the quality of their life. Such changes encourage the spirit of entrepreneurship and motivate people to work hard, take risks, do research, and explore their innovative capacity.