Question

what is an importance of human beings as factor of production​

Answer 1

1) MORE NUMBER OF WORKERS ASSURE MORE PRODUCTION

2) MORE AVAILABILITY OF TRANPORTATION

3) EASY MOBILITY OF GOODS

HOPE THIS HELPS :)

Answer 2

In Production Economics,human beings in the production process constitute the overall human workforce or labor force employed in the production process.It is also commonly known as the labor factor or input of production.

Explanation:

The human or labor factors of production is useful to the manufacturing firm or company in several ways.In many manufacturing industries,manual labor or human physical labor is directly required in the production process to carry,transport and process the physical or capital inputs/factors of production such as equipment,hammers,nut/bolts.In the primary economic sectors such as agriculture or mining,human physical labor are also directly required for production purposes.In general,human labor is also essential for effective functioning of the sequential processes of supply chain activities such as production,distribution,transportation,wholesaling and retailing of various goods and services.Now,based on the concept of diminishing marginal product of labor,human labor combined with various physical or capital inputs and other advanced or mechanized factors or inputs of production can significantly increase the productivity of labor and overall productive efficiency.If the workers or labor force can efficiently utilize the other mechanized factors of production,it can essentially increase the human or labor productivity.In service or tertiary sector of the economy,human resource constitute the central and most important productive input as the service sector is mainly characterized by direct human service or hospitality.