which field does the investment formulates human capital education health training
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(i)Human resource is a primary factor of production as it can make use of land and capital. (ii)Human resource is an active factor of production. (iii)It includes education, health etc. (i)Land and physical capital resources are secondary factors of production as they cannot become useful on their own.
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Answer:
(i)Human resource is a primary factor of production as it can make use of land and capital. (ii)Human resource is an active factor of production. (iii)It includes education, health etc. (i)Land and physical capital resources are secondary factors of production as they cannot become useful on their own.
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