9th Social Science NCERT Economics Chapter 2
- View Book
- Multiple Choice Questions
- Fill in the blanks
- Summary
- Question Answers
- DIY
- Real World Examples
Loading MCQs…
Loading Fill in the Blanks…
– People as a Resource: The chapter emphasizes how population can be an asset for the economy through investment in education, training, and healthcare, turning it into human capital that contributes to the Gross National Product.
– Economic Activities in Different Sectors: It covers the activities in the primary, secondary, and tertiary sectors of the economy, highlighting the role of each sector in economic development.
– Unemployment Issues: Discusses various types of unemployment like disguised and seasonal, along with the challenges of educated unemployment and potential solutions in the education system.
– Story of Village Development: Concludes with the story of a village initially lacking in employment opportunities, showcasing how human capital development led to economic prosperity and job creation【4:2†source】.
What do you understand by 'people as a resource'?
People as a resource refers to the concept of considering human beings as valuable assets for the economy, emphasizing the importance of investing in their education, health, and skills to enhance productivity and overall well-being.
How is human resource different from other resources like land and physical capital?
Human resource differs from other resources like land and physical capital in that human beings possess the ability to think, learn, innovate, and adapt, making them dynamic and capable of generating new ideas and solutions, unlike land and physical capital which have limited capacity for change and innovation.
What is the role of education in human capital formation?
Education plays a crucial role in human capital formation by imparting knowledge, skills, and values to individuals, enhancing their productivity, adaptability, and potential contribution to the economy and society.
What is the role of health in human capital formation?
Health plays a vital role in human capital formation by ensuring that individuals are physically and mentally capable of engaging in productive activities, leading to higher efficiency, reduced absenteeism, and better overall well-being.
What part does health play in the individual’s working life?
Health plays a significant role in an individual’s working life by influencing their energy levels, concentration, productivity, and overall ability to perform tasks effectively, thereby impacting their professional growth and success.
Loading DIYs…
Loading Real-World Examples…