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a better life, human resources are considered how to get the maximum benefits from
as an agent of achieving this development. foreign trade and how to minimise any
Th e development of other infrastructure for trading losses.
the economic development of a country is
not possible without active and skilled human
resources.
Agent of Foreign Trade
Skilled human resources are considered
as agents of foreign trade. Such people
have a better idea about the expansion of
international trade. Th ey can also conceive Skilled labour reaps benefi ts from foreign trade.
Let’s Recall
• People are human resources and the activity of managing people is human resource management.
• India is a very resourceful country because it is brimming with a large population, 65% of which
are the average ages of 25 and 35.
• The population of any country can become a resource when there is an investment.
• The demography of India is very diverse with more than two thousand ethnic groups. This
coupled with factors such as income, education sex ratio, geographical divisions and rural-
urban divide, gives rise to its complexity.
• Geographical features and the location of a place are important factors in determining the
density and distribution of population.
• The number of females per 1,000 males is the indicator of the sex ratio in any country. This
composition is a very signifi cant and important indicator of the quality of population of a
country.
• Health and education are two factors which are responsible for the development of any
country’s human resource.
• An educated and skilled labourer is key to the economic growth of a nation.
• Unskilled human resources do not use reasoning or intellectual abilities in their mode of work.
Let’s Learn
A Choose the correct answer from the options given below.
1. Which one of the following resources can make use of other resources effi ciently?
(a) Animals (b) Plants
(c) Human beings (d) Nature
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