H.R. Economic Model

Human Resource Economic Model is an Indian economic model for new source of investment through the direct conversion of human resource into monetary fund. It is a next generation economic concept. H.R. Economic Model is considered as new economic system/technology against Capitalism and Communism/Socialism.
H.R. Economic system provides the aforesaid intellectual capability to Humankind.
There are various types of economic systems are available in public domain, Whereas Capitalism & Communism are consider as two major Economic systems. Adam Smith is called father of Capitalism and Karl Marx is called father of Communism.<ref name='tech'/>
Principles
There are four basic principles of the model<ref name'wipo'/><ref name'tech'/>
*Human Resource is worthiest assets worldwide.
*Human Resource to be valued.
*If after adding all valuation on single point, it may be convertible into monetary fund.
*These valuations shall be the part of State Capital Account.
Tools
A new economic system in terms of the Manpower Grid Economic concept and various tools in support of the H.R.Economic Model.<ref name'wipo'/><ref name'News24'/><ref name'NewsNation'/><ref name'tech'/>
*State H.R Capital Account
*Valuation methods of H.R.
*H.R. Accounting standards
*H.R. Economic standards
*H.R. Coefficient

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