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
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
lol
why is a country's human resource most important
because without people in the country it will not be called a country
Labor
Define factor of production land ,labour,physical capital ,human capital?
Human Capital Apex:D
as we know human capital is one factors of production and its the most important one without there is no development in the world
the factor of production are:land, labour, capital, and enterpreneurship The above is too specific: The Four Factors of production are: Natural Resources (Land and all other resources ie. water, air etc.) Capital (Same, revenue and assets) Human Resources (Labor, in addition to any other human provided service, not limited to labor alone) Entrepreneurship (Same, the Ability, Freedom and Guarantee that business's can be established and operate with out too many restrictions)
Labor
Capital as a factor of production entails goods that are produced through human labor in an economic system. This does not include Natural Resources or land.
Define factor of production land ,labour,physical capital ,human capital?
Human Capital Apex:D
as we know human capital is one factors of production and its the most important one without there is no development in the world
1. human capital refers to the people who posses the knowledge and enterprises together the other factors of production. 2. investment in the human capital yields a return just like investment in physical capital 3. its is essential as physical capital cannot produce goods and services on their own. 4. humans have made these physical capital without human they are useles..!! :D..!! oL dA beST..:)
physical capital human capital & technology
Education develops skills, which is the main function of human capital. Human capital, being an input in production, increases as education increases. Higher human capital also means a higher rate of technological growth.
the factor of production are:land, labour, capital, and enterpreneurship The above is too specific: The Four Factors of production are: Natural Resources (Land and all other resources ie. water, air etc.) Capital (Same, revenue and assets) Human Resources (Labor, in addition to any other human provided service, not limited to labor alone) Entrepreneurship (Same, the Ability, Freedom and Guarantee that business's can be established and operate with out too many restrictions)
how the diffrent human capital and human resouce management
how are capital resources different from the other resources of production natural and human resources
how are capital resources different from the other resources of production natural and human resources