1. What do you understand by 'people as a resource'?
2. How is human resource different from other resources like land and physical
capital?
3. What is the role of education in human capital formation?
4. What is the role of health in human capital formation?
5. What part does health play in the individual's working life?
6. What are the various activities undertaken in the primary sector, secondary
sector and tertiary sector?
7. What is the difference between economic activities and non-economic activities?
8. Why are women employed in low paid work?
9. How will you explain the term unemployment?
10. What is the difference between disguised unemployment and seasonal
unemployment?
11. Why is educated unemployed, a peculiar problem of India?
12. In which field do you think India can build the maximum employment
opportunity?
13. Can you suggest some measures in the education system to mitigate the problem
of the educated unemployed?
14. Can you imagine some village which initially had no job opportunities but
later came up with many?
15. Which capital would you consider the best -- land, labour, physical capital
and human capital?
Answers
Answer:
1:- people is the best resource , because they are able to utilise others resources.
Answer:
1] People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. Looking at the population from this productive aspect emphasises its ability to contribute to the creation of the Gross National Product.
2]Land and physical capital are useless without human resources. Human resource makes use of other resources like land and physical capital to produce an output. The other resources cannot become useful on their own. This is the reason why human resource is considered to be superior to the other resources.
3]The role of education in human capital formation are as follows: An educated society facilitate better development program than an illiterate one. Education improves productivity and prosperity, and also improve enriched life experience. ... Education increases national income and other cultural richness.
4]Role of health in human capital formation are as follow: Only a healthy person can work efficiently and with full potential. A healthy person can work in a more effective manner. A healthy person can work in a productive way and in this way it can contribute better in the development of the economy of the country.
5]Health plays an important part in the individual's working life because (i) An unhealthy person cannot work efficiently. (ii) If the body is healthy then only the mind can perform well. (iii) A healthy person is able to work harder and better, thus earning more and living a better life.
6]Primary sector includes agriculture, forestry, animal husbandry, fishing, poultry farming, and mining. Quarrying and manufacturing is included in the secondary sector. Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the tertiary sector.
7]Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing serv
ices to others without any regard to monetary gain.
8]The women employed in low paid work because of the following reasons: A majority of women in the country are less educated than men, thus they are primarily working as unskilled labor and thus get fewer wages. ... They are believed physically inferior to men thus believed to do less work, thus they are paid less.
9]Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy.
10]Disguised Unemployment (i) In case of disguised unemployment, people appear to be employed but are actually not employed. ... Seasonal Unemployment (i) Seasonal unemployment happens when people are not able to find jobs during some months of the year.
11]Educated unemployment a Peculiar problem in urban areas of India because the growth in the industrial and service sector is very low. These two sectors have failed to provide employment to the educated unemployed.
12]agricultural sector
Ans. India can build the maximum employment opportunity in the agricultural sector and its based industries. Agriculture is the most labor absorbing sector of the economy. When the efficient and quality packaging happen with agricultural products then it can generate a lot of employment opportunities.
13](i) More use of Information Technology (IT) should be made in giving education. (ii) Education should cater to the needs of the employment markets. (iii) More opportunities should be made available in the tertiary sector where more educated unemployed people can find jobs.
14]Can you imagine some village which initially had no job opportunities but later came up with many? Answer: (iii) A school was established and now the population started to become educated and as a result they could seek employment in and outside the village. ...
15]Human capital makes use of the other resources like land labour and physical capital to produce an output. The other resources cannot become useful on their own. Hence human capital may well be considered the best among all the resources.
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