Human resource is an indispensable factor of production explain.
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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.
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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
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