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Which capital would you consider the best — land, labour, physical capital and human capital? Why?

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asked Jan 13, 2018 in Economics by Ankit Agarwal (28,847 points) ● 7 ● 31 ● 67

Which capital would you consider the best — land, labour, physical capital and human capital? Why?

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answered Jan 13, 2018 by Ankit Agarwal (28,847 points) ● 7 ● 31 ● 67
 
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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.

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