blog




  • Essay / Human resources development

    Human resources are an important factor in economic development. As expressed by Adam Smith, the prosperity of a country is determined by the skill, efficiency and attitude of the workforce used by the country. Many countries have been able to develop thanks to the will, capacity and skills of their human resources. Humans are at the heart of development, but their lives and environments must be improved. So, human resources is the process of improving the quality and efficiency of people. Educating batters, improving skills and creating a healthy atmosphere will result in proper and most efficient use of resources (non-natural and natural), resulting in increased economic output. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayThe history of human resource development reveals that education, training, and organizational development of all kinds are largely the product of social and economic conditions. According to Scott (1914), the first characterization of education is still significant: “Education is the attempt of a civilization to perpetuate that which it believes to be most vital in itself.” In the words of Becker (1993), “I'm going to talk about another type of capital. School, computer training, medical care expenses, and lectures on the virtues of punctuality and honesty are also capital, in the true sense that they improve health, increase income, or increase productivity. Lifelong appreciation of literature. Therefore, it is entirely consistent with the concept of capital as traditionally defined to say that expenditures on education, training, medical care, etc. are capital investments. These are not just costs but investments whose returns can be calculated. Human resource development tends to improve the quality and productivity of work, which leads to economic growth. Unfortunately, development planners have failed to place investment in HRD at the center of development strategies. The reason why this is sometimes put forward is the difficulty of distinguishing which part of HRD represents investment and which part represents consumption (Da Silva 1997 and Oshina 1986). It is now widely and generally accepted that investment in human resources promotes economic growth. . However, a country's economic capacity also determines its ability to invest in human resources, such that "a good education system can be the flower of economic development, but it is also the seed." In addition to acting as an important means of achieving equitable income distribution, human resource development is also a powerful means of solving the problem of poverty. In the words of Harrbison (1973: 3): Keep in mind: this is only a sample. Get a personalized article from our expert writers now. Get a personalized essay. Human resources constitute the ultimate basis of a nation's capital wealth. Resources are a passive factor of production; human beings are the active agents who accumulate capital, exploit natural resources, and construct social, economic, and political organization. Obviously, a country unable to develop the skills and knowledge of its people and use them effectively in the national economy will be unable to develop anything..