Beginning of Human Resource
Beginning of Human Resource
In the beginning, in economics, Human Resources was acknowledged as human Capital and after a certain period, it was realized that humans are likely to be called as assets, as they can be run only for a particular period. For Instance, if a person asked to work for a more than a particular time period till a year, then it is not necessary that he will do it. In olden days, some of the socialist’s parties have argued that human are not assets. However, the work that they generate is the resource for them. Some of them recommended treating them as slaves and their potentials is only used for the profit of the firm. The History of Human Resources clearly indicates that, in olden days, the people or the Human were not treated on the basis of their hard work and potential, but on the basis of the output they produced.
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