Question

How is human capital different from other resources like land and physical capital?

Answer 1

Answer:

human capital is the comparatively new concept.It refers to the stock of people in a country equipped with education,skills etc.  While land is  not only the surface of the earth  and it is the free gift of nature ,the supply which can be regulated.

Explanation:

Answer 2

Question :-

How is human resource different from other resources like land and physical capital?

Answer :-

1. Land and other resources are fixed, limited and specified whereas human resources can be nurtured through education and health.

2. Human resources can bring a change in other resources whereas other resources can not change or affect human resource.

3. Human resource can make use of land and physical capital whereas land and physical capital can not become useful on its own.

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