Human resources
The economist John Commons used the term "human resource" in his 1893 book, The Distribution of Wealth, but did not develop it further. The concept of "human resources" was in use during the 1910s and 20s in the sense that workers were perceived as a type of capital asset. For the first time in the modern sense, the concept of "human resource" was used by economist Edward Bakke in his report in 1958.