Question

1. Write any three features of Indian Constitution.

2. What is the role of education in human capital formation ?
3. Explain the role of health in human capital formation.
4. Explain all the factors of production with example.
5. Explain all the factors of production with example.
6. What are the challenges to free and fair election?
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Answer 1

Answer:

1.the Indian constitution is a federal constitution with a strong centre

2.an important feature of Indian constitution is that is preamble forms an intergalactic part of constitution

3.the Indian constitution is the detailed constitution in the world

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

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.

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. These include any resource needed for the creation of a good or service. The factors of production include land, labor, capital and entrepreneurship.

(I) Money power of candidates and political parties

(ii) Criminal elements entering the political fray

(iii) Family politics

(iv) Similarity of parties in policies and practice

(v) Disadvantages of smaller parties and independent candidates.

Explanation:

Answer 2

Answer :

1.The three features of Indian Constitution :

• Rigidity and flexibility
• Fundamental rights and fundamental duties
• Secularism

2.Thw following are the role of education in human capital formation :

• Education bears fruits in term of good jobs and salary .
• It increases the efficiency of workers.
• It helps in increasing the mental horizon of people.
• It enhances the national income, cultural richness and increases the efficiency of the governance .
• It encourages economic development through greater participation of the people in affairs of the country.

3.The following are the role of health in human capital formation :

• The health of a person helps him to realise his or her potential and ability to fight against illness.
• Good health increases the efficiency of the workers.
• Good health increases the leading capacity of the workers.
• Health doesn't mean survival only.It involves not only the physical fitness of the person but also the mental health of a person.
• Health is an indispensable basis for realising one's well being.

4.The factors of production are :

• Land : In its simplest form, land is the physical place where economic activity takes place. However, land also includes all the natural resources found on it.Resources can include timber, water, oil, livestock, and so forth.
• Labour : Labor represents all of the people that are available to transform resources into goods or services that can be purchased. This factor is somewhat flexible since different people can be allocated to produce different things. Nobody has to produce everything themselves.
• Capital : Capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery.

5.Challemges to free and fair elections are :

• Candidates and parties with a lot of money may not be sure of their victory but they do enjoy a big and unfair advantage over smaller parties and independents.
• In some parts of the country, candidates with criminal connection have been able to secure a 'ticket' from major parties.
• Some families tend to dominate the political parties; tickets are distributed to relatives from these families.
• Very often, elections offer little choice to ordinary citizens as both the major parties are similar to each other in their policies and practices.
• Smaller parties and independent candidates suffer a huge disadvantage as compared to the bigger parties.

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