Question

Not only do the more educated and the healthier people gain through higher incomes, society also gains in other indirect ways because the advantages of a more educated or a healthier population spreads to those also who themselves were not directly educated or given health care. In fact, human capital is in one way superior to other resources like land and physical capital: human resource can make use of land and capital. Land and capital cannot become useful on its own!
Read the above passage and answer the following questions:
A) ‘Land and capital cannot become useful on its own’- Justify
B) Name the type of Capital that is superior to other resources like land physical capital.

Answer 1

Answer:

A). 'Land and capital cannot become useful on it's own' means it can't be used by it's own, only human can use it.

B) Human capital is the type of capital that is superior to other resources like land physical.

if the ans is helpful it will be great.