How is human resource different from other resources like land and physicalcapital?

Monjur Alahi

How is human resource different from other resources like land and physical capital?


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Salim Ahmed Kawsar

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Human resource is different from other resources in many senses. Human resources need education, training and healthcare to develop. On the other hand, land and physical capital need money and physical inputs to develop. Land and physical capital are useless without human resources.

Human resource makes use of other resources like land and physical capital to produce an output. The other resources cannot become useful on their own. This is the reason why human resource is considered to be superior to the other resources.

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