Question

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

Answer 1

Human capital is in one-way superior to other resources like land and physical capital: human resource can make use of land and physical capital. Land and physical capital cannot become useful on its own.

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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