Question

give the importance of human being as an essential component resource

Answer 1

Human beings transform things into resources with the help of nature, technology and institutions. The process of transformation of things involves an inter-dependent relationship between these. Human beings interact with nature through technology and create institutions to accelerate their economic development. Hence they are an  essential component of resources.

Answer 2

Human beings are considered as an important resource because they make the best use of the nature to create more resources. They can do this as they have the knowledge, skill and the technology to do so. This ability is acquired by people on the basis of education received by them.