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Question

Human resources are superior to other resources because __________.

A
Human resource can make use of land and capital
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B
Human beings are gift of God
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C
Human resources make a firm profitable
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D
Human beings are more productive
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Solution

The correct option is D Human beings are more productive

Human resource is different from other resources like land and physical capital in the following ways:

  • From economic development perspective, human resources exhibit multiple importances i.e. at one end human resource act both producers as well as consumers.
  • 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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