Question

human resource is ad indispensable factor of production justify? 5 mark question

Answer 1

Humans have the knowledge, skill and the adequate technology to make the maximum utilization of the resources around us. Humans are not only able to utilize and make proper use of resources but even search for new ones. With training and education humans become capable enough to create more resources

Answer 2

Human resource is the indispensable factor of production. This is because :- 
1)Land and other resources are specified, fixed or limited but human resources can be nurtured through education and health. 
2)Human resources can bring change in other resources, while other resources cannot change or affect human resources. 
3)Human resources can make use of land and capital. Land and capital cannot become useful on its own.

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