Human Resources

Land and Physical Capital Resources

(i)Human resource is a primary factor of production as it can make use of land and capital.

(ii)Human resource is an active factor of production.

(iii)It includes education, health etc.

(i)Land and physical capital resources are secondary factors of production as they cannot become useful on their own.

(ii)These are passive factor of production.

(iii)These includes building, land etc.