What is more important natural resources or human resources?

LAHORE: Developing and enriching human capital is far more important for the economic growth of a country compared to simply possessing natural resources.

Which is the best form of resources?

Human resource is considered to be the best resource because humans can make the best use of the resources if they have knowledge, education and technology to do so.

Why human resources are better than other resources?

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.

Is human resource the most important resource?

Human resource is considered to be the most valuable resource, as that consists of Humans. Explanation: Humans can make use of any available resources if they have knowledge and skills. With their creative mindset, they can produce various products which would be useful for all the humans in the world.

Which resources are more important than all the other natural resources?

1. Water. Like soil, water is one of the most important natural resources for the existence of life. Fresh water is considered a renewable resource, but most of the water humans drink comes from groundwater sources that are being depleted faster than they can be replenished.

Why is human resource most important?

HR plays a key role in developing, reinforcing and changing the culture of an organisation. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by HR.

Is HR necessary?

The human resources department is essential in any company, and HR professionals often touch more areas than recruiting, training, and pay. The HR department is also critical in shaping company culture, employee engagement, and managerial effectiveness.

What is human resource short answer?

Human resources is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, labor, personnel, associates or simply: people.