how is human resource different from other resources like land and physical capital
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Answered by
45
1.'people as resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities.
2.human resource is not only the essential factor of production but it also activates other factors of production.
3. human resource is different from land and capital because they only can make use of land and capital with their knowledge.
4. they add to the productive power of the country where as land and capital cannot become useful on their own.
2.human resource is not only the essential factor of production but it also activates other factors of production.
3. human resource is different from land and capital because they only can make use of land and capital with their knowledge.
4. they add to the productive power of the country where as land and capital cannot become useful on their own.
Answered by
29
1) human resource can bring change in land and physical capital.land and physical capital can't bring change in human resource
2) human resource make use of land and physical capital .they cant be useful on their own
3) human resource can be nurtured through education but land and physical capital can't be nurtured
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