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because human resource is a very important part of a country . and every country is also identified by the population in it.as those of some people invent new things for the well fare of their country

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11y ago
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10y ago

a) Human capital refers to the people who possess the knowledge and enterprises to put together the other factors of production.

(b) Investment in human capital yields a return just like investment in physical capital.

(c) It is essential as physical capital cannot produce goods and services on their own

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14y ago

why is a country's human resource most important

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10y ago

because without people in the country it will not be called a country

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Q: Why the human capital is most important factor of production?
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