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State with reasons whether you agree or disagree with the following statement: Human resources play an important role in economic development. - Economics

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Question

State with reasons whether you agree or disagree with the following statement:

Human resources play an important role in economic development.

Options

  • Agree

  • Disagree

MCQ
True or False

Solution

Yes, I agree with this statement.

Reasons:

  1. The development of human resources reduces civil disturbances and increases political stability.
  2. The development of human resources helps in controlling the increasing population.
  3. The development of human resources helps in increasing human productivity.
  4. The development of human resources widens economic, social, cultural, and political choices.

Thus, human resources play an important role in economic development.

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Role of Human Resources in Economic Development
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Chapter 6: Population in India - Exercise Q.5 [Page 42]

APPEARS IN

Balbharati Economics [English] 11 Standard
Chapter 6 Population in India
Exercise Q.5 | Q 4 | Page 42
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