ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A farmer is a human resource . This is because all the humans are human resources. What makes them a resource is their brain or wisdom which makes them know how to utilise other resources and modify them into useful things. A farmer is necessary for that.

Detailed explanation-2: -People use natural resources to make buildings, bridges, roads, machinery and vehicles, which are known as human made resources.

Detailed explanation-3: -Human resources is the person or group of people at a company who manages all things related to its employees. This includes-but is not limited to-hiring, maintaining a budget, recruiting, managing benefits, ensuring employee satisfaction, implementing a company culture, and training new hires.

Detailed explanation-4: -According to many authors, human resources are very important for agribusiness success. Besides technology, natural resources, state politics, and laws regarding agribusiness, “human capital directly influences agricultural productivity by affecting the way in which inputs are used and combined by farmers.

Detailed explanation-5: -Hiring, firing, and training are some examples of human resources (HR) responsibilities.