Question

What is the difference between human resource and human capital?
Detailed explanations only.​

Answer 1

Explanation:

human resources:human being provided labour power for production and if a country labour is efficient and skilled it capacity to contribute to growth will be high

Human capital: human capital intangible collective resources possessed by individuals and groups within a given population these includes knowledge talent skills etc

Answer 2

Answer:

see below

Explanation:

human resource : quantitative perspective

human capital : qualitative perspective

Ex : company A has fifty staff member and it's out put is 10 lakhs. But

company B has 25 staff members and it's out put also 10 lakhs. Then

we say that human resource for company A is more than B. But human capital of company B is more than A.