Question

how is human resource different from lawns and capital resources?
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Answer 1

Answer:

Human resource is different from other resources like land and physical capital in the following ways:

(i) From the perspective of economic development, human resource exhibit multiple importance i.e. human resource act as both producers as well as consumers.

(ii) Human resource makes use of other resources like land and physical capital to produce an output.

(iii) Human resource is considered superior to other resources as it is not confined to one region or place. It can spread to other places and diversity.

Explanation:

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Answer 2

Answer:

Human, Natural, and Capital Resources

Human resources are the workers. Natural resources are things that come from nature and are unchanged by human hands. Examples of natural resources are water, air, trees, minerals, and animals. Capital resources are man-made tools and equipment used to produce a product.

Explanation:

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