+3 votes
in Class 9 by kratos

Human Resources are considered very vital among the factors of production. Why?

1 Answer

+2 votes
by kratos
 
Best answer

If good education, training, and health facility are provided to human resources, they can be transformed into human capital. They possess the capability to increase the national income and transform society, that is population is an asset. If a higher investment is made on education and health of ****, they will be able to earn a higher income in the future and make valuable contributions to society. Therefore, governments work towards providing good education and health facilities to their citizens. Therefore Human Resources are considered very vital among the factors of production.

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