Question

how is Human Capital superior to the other resources

Answer 1

Humana capital is the superior to the other resources because it can make use of land, labour and physical capital. Other resources like land and capital cannot become useful on their own...


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Answer 2

investments in human capital (trough education, training, medical care) yields a greater return. This can be in form of higher incomes because of higher productivity. It can make use of all other resources so it is considered as superior