Why is human capital considered as superior to other resources
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this is so bcoz if human capital would not be there then other resources cannot be used as human capital combines all other factors of production as well as it makes use of other resources with there help production can be increased
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Human capital is considered superior to other resources as resourses like land and physical capital because these resources cannot become useful in any way until there are people to make use of it.
2. The other reason may also be that human resource adds to the productivity as well as quality of production .
2. The other reason may also be that human resource adds to the productivity as well as quality of production .
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