Question

how human capital is important in production​

Answer 1

Answer:

Human Capital is important in production because you will need knowledge and enterprise to be able to put together land, labour and physical capital and produce an output either to use yourself or to sell in the market. Knowledge and enterprise comes under Human Capital.

Thank you!!

Answer 2

Answer:

humans capital is very important for production

as we earn money and pay taxes to the government as your home taxes by paying electricity bill we have to pay taxes everywhere as even we buy a small pencil.

That's the way how human capital is important in production as simple as by paying taxes to.the government.