Why is human resource superior to any other resource? Explain with the help of arguments.
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Human resource makes use of other resources like land and physical capital to produce an output. Human resources are considered superior to other resources as it is not confined to one region or place. It can spread to other places and diversify.
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Why is human resource superior to any other resource? Explain with the help of arguments.
Answer:
Human Resource is superior to other resources because:
1. it uses other resources like land and capital , to produce an output.
2.Other resources cannot produce an out put on their own.
3.Therefore it consists of the basic skill and knowledge one needs to produce an output
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