how is human resource different from other resource like land and physical capital??
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Human resources are different from other resources because it can renewed in a reasonable period of time where as other resources such as land can't renewed in a reasonable period of time
sophie123:
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human resource is the most important resource because if people won't have skill, knowledge and technology then we can't do anything. land is also a important factor of production, if there's no land then where people will do production. and it's the human resource and people's knowledge, for whom we r here now.. physical capital are those materials used for production and it can't be used without the skill and knowledge of people..
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