How is human capital different from land and physical capital?
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Land, water, minerals and forests are resources which are essential for the growth, progress and development of human society
However these resources become usable only when the human being processes them and develops them.
Without human being these resources remain unutilized. Thus human resource is the most important resource because it helps to utilise natural resources.
However these resources become usable only when the human being processes them and develops them.
Without human being these resources remain unutilized. Thus human resource is the most important resource because it helps to utilise natural resources.
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