people are considered as the best resource of a nation. why?
Answers
People are considered as the best resource of a nation this statement represents the value of people of a particular nation. As we all know a nation consists so many communities and societies in itself and people is the smallest units of this system.
People are responsible for the economic, social, and Political development for any country at international level. Hence we can say that the best resource of any country is its people.
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Answer:
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Land and physical capital cannot become useful on their own human capital makes use of the other resources like land labour and physical capital to produce an output the other resources cannot become useful on their own. Hence, human capital may well be considered the best among all the resources.
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