Q- Which capital would you consider the best- land, labour, physical capital and human capital? Why?
Answer- I consider the Human capital the most powerful of all the capitals or resources as without human capital or human everything is of no use. The human is the only one who can utilize all the other resources such as land, labour and physical capital. Nowadays, countries such as Japan, South Korea e.t.c. have low resources but have interest in Human capital and are one of the largest economies.