The economic theories of human resources is as follows:

Classical theories have Adam Smith (1729-1790)

Smith considers that human beings as the main production factor that determines the prosperity of nations. The reason nature has no meaning if there are no human resources who are good at mengelolahnya so useful for life.

Classical theory of JB. Say (1767-1832)

Against aliranklasik view is that every supply will create its own demand (supply creates is own demand). Say this opinion referred to the law Say (Say’s Law). According to the increase in production is always accompanied by an increase in demand. So in an economy that adheres perfectly competitive market would not be an excess supply. » Read more: Economic theories of human Resources