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Why do some economists consider human resources more important than natural resources in determining a countrys future?

In order to produce the natural resources more effectively and obtain the more out of them humans have to be capable of understand completely the necessities and uses of the products available and how to produce more and better.


Why is the government important to our economy?

the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner


Why is government important to the economy?

the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner


What is a one-commodity country?

countrys that rely on just one or two principal commodities for much of their earnings.


Difference between micro economics macro manpower forecast?

in macroeconomics manpower is related to growth and development of the country because of increased investment level(producers get attracted towards the huge market) and also increase in produce of the countrys outputs if converted to human capital else it would serve as a huge burden on the countrys demographic investment.In microeconomics increase in the members of the family or firm will lead to increase in output and also increase in income.