Question

Which capital would you consider the best land , labour , physical capital , human capital ? why ?

Answer 1

All these resources are important, but, more attention may be given to the human capital.

Human resources are considered to be the assets of a business firm. Without human resource, all the other resources would stay quite lifeless. The skills, knowlegde and attitude of the workforce of an organisation determine its ultimate success.

Therefore, companies strive towards the welfare of their employees and take every measure to retain their best talented workmen.