Which capital would you consider the best — land, labour, physical capital and human capital? Why?
NCERT Class IX
Economics - Main Course Book
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Among the above-given options, human capital is the best because humans have the intelligence to use those other resources effectively for the better result.
But without human capital, people cannot utilize the other resources at all.
So the human capital is the most important one.
But without human capital, people cannot utilize the other resources at all.
So the human capital is the most important one.
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