HUMAN RESOURCES REFER ONLY TO THE MENTAL ABILITIES OF PEOPLE USED...

16. Human resources refer only to the mental abilities of people used to produce goods and services; it is synonymous with knowledge.True→ FalseHuman resources includes both the physical and mental abilities of people in producing goods and services. It is not just the knowledge or mental ability but also includes the physical efforts of labour as well. Accessibility: Keyboard NavigationBloom's: KnowledgeDifficulty: MediumLearning Objective: 01-03 Define economics and compare the four True / False Question types of economic systems.