Advertisements
Advertisements
Question
Which capital would you consider the best—land, labour, physical capital and human capital? Why?
Answer in Brief
Solution
Human capital makes use of the other resources like land, labour and physical capital to produce an output. The other resources cannot become useful on their own. Hence, human capital may well be considered the best among all the resources.
shaalaa.com
Introduction of People as Resource
Is there an error in this question or solution?
