In what way is human capital superior to other sources like physical capital? How a large population is turned into a productive asset? Explain.
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.........hey dear here is your answer ❤️..........
Explanation:
Human capital is superior to other resources like land and physical capital because human resources can make better use of land and physical capital but land and physical capital cannot become useful on its own. Several years of education adds to the quality of labour.
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Q. In what way is human capital superior to other sources like physical capital? How a large population is turned into a productive asset? Explain.
=> Human capital is superior to other resources like land and physical capital because human resources can make better use of land and physical capital but land and physical capital cannot become useful on its own. Several years of education adds to the quality of labour.
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