Answer:
Of all the factors of production-land, labour, physical capital and human capital, the most superior, the human capital since human resource can make best Use of land and capital to achieve greater output. Land and capital do not become useful till man uses them to make them productive. Green Revolution is an example of how the input of greater knowledge of production technologies led to increased productivity of scarce land resources. India's IT revolution shows the importance of human capital over that of material plant and machinery.
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