JEL Classifications: J40, J44, J53, J60
HUMAN RESOURCE AND PECULIARITIES OF INCOME DISTRIBUTION Author: Ramaz Otinashvili
| Published: 2021-07-15
| Pages: 101 - 107
For Citation: Otinashvili, R., (2021). Human Resource and Peculiarities of Income Distribution. Globalization and Business, 11. 101-107. (In Georgian)
The country's leading factor in human development that is a human resource. It is the creator of everything and it is necessary to create a law and protect human resource. People need to implement, pursue the economic policy and ensure business efficiency. That functions, to prevent crime and to restore order. Man builds the country, but to build well, knowledge is needed and knowledge needs education. Humans capital is a body of knowledge and includes philosophical, social, economic and psychological aspects. This term dates from the eighty-seventh year of the twentieth century to its end. It is founder is Nobel Prize Laureate G. Becker. Human capital consists of: educational, professional-quality , information-cultural and social connections. Among them, the capital of the Social Union dominates in the conditions of Georgia. According to the GAERO, Georgia ranks 61st out of 189 countries in the Human Development Index. Human resources determine a person’s income. It is important to note that human capital is one of the main causes of income inequality. We differ from each other in terms of data and capabilities. It’s important that state should have a fair social-economic environment, which gives all possible conditions to citizens for the realization of opportunity.
Human Capital, Business, Income, Natural Resource, Property, Economic Policy.
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