NCERT Solutions for Class 9 Social Science
Chapter 2 People as Resource
Question 2. Page No. 27
NCERT Academic Session 2023-2024
How is human resource different from other resources like land and physical capital?
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Human resources, unlike land and physical capital, encompass individuals’ skills, knowledge, and abilities, which are intangible and cannot be owned. They possess potential for continuous development, mobility, and adaptation. Unlike finite land and produced physical capital, human resources are renewable, with the capacity to innovate, learn, and drive economic growth, making them dynamic and pivotal for a nation’s progress in economics.