Question

why are human resources considered as the most important factors of production?

PLEASE I really want answer for this question. ​

Answer 1

Answer:

human resources considered as the most important factor of production because human resource results in the economic growth of the country . investing in human resource could ultimately increases the production of other resources.

Answer 2

Human resources or human capital describes the people who make up the workforce of an organization, industry, business sector, or economy

Explanation:

(i) An indispensable factor for all economic activities is human capital.

(ii) Any process of production requires the land, labor, capital, organisation and enterprise as its factor of production.

(iii) Human resources are not only a primary production factor but also activate other production factors.

(iv) Human resource efficiency is a sign of human social and economic status.

(v) Human resources brings change in other resources, while other resources cannot affect or change  human resources.

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what are the factors of production? explain - Brainly.in

https://brainly.in/question/3445384