Study on the Attributes and Correlations of Production Factors

Zuohua Yue

Abstract


With the advancement of the society and the development of the economy, human cognitions about the production factors are more and more deepened. However, as viewed from the attribute structure of production factor, the production factor only contains two attributes such as hard factor and soft factor, and the soft factor is composed by knowledge soft factor and society soft factor, which form three capital forms, i.e. material capital, human capital and social capital, and these three sorts of capital drive the increase of the economy and the development of the society. In the background of modern economy, the human capital is in the center position and its advance could enhance the energy and efficiency of other factors.


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International Journal of Economics and Finance  ISSN  1916-971X (Print) ISSN  1916-9728 (Online)

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