Question

which capital would you considered the best--land ; labour; physical and human capital? why?

Answer 1

•Human capital is considered the best when compared to land, labour and physical capital.
•It is only the human resource that utilises other resources like land and investments which cannot become beneficial on their own.
•In countries like India where the problem of huge population can be resolved by converting them into valuable resource by way of investing in human capital.
•Significance of human capital is well recognised from the advancement of Information Technology in India.
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Answer 2

I would consider human capital the best because without it no production can be completed.it contain knowledge and skills of human