the developed countries make better use of their resources they use their human resource
carefully and they make sure that no resource is being wasted and developed
countries has very less no of unemployment.
As their will be less unemployment The size of
markets will increase and the economy will boost up and they will get a greater
They developed nations spend much money on
education,health care and training and in return they get profit as improved
The developed nations doesn’t have the problem of
unemployment as Expanding industries can recruit new workers to the Labour
force. These people are likely to be familiar with new ideas and methods. If
this is the case, firms’ training costs will be reduced.
This is how human resource is not being wasted