Question

In what ways is human capital superior to other sources like physical capital? How a large population is turned into a productive asset? Explain

Answer 1

Investments made in the form of reduction of unemployment,medical care, training, education, etc on the population can change a large population into a positive asset.

Human resource is superior than other resources like land and physical resource because human capital is necessary to control other sources. In other words, land and capital can not be useful on it's own as it can not work on it's own

Answer 2

Answer:

Investments made in the form of reduction of unemployment,medical care, training, education, etc on the population can change a large population into a positive asset.

Human resource is superior than other resources like land and physical resource because human capital is necessary to control other sources. In other words, land and capital can not be useful on it's own as it can not work on it's own

Explanation: