Social Sciences, asked by sr1298693, 1 month ago

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Answered by kumaripolice12
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Natural resources play a significant role in the growth of a country. They are base for the growth and progress of a country. ... When resources are used for production then the country's economy flourishes. Investments in new resources and their exploitation becomes necessary for the country's growth and development.

People are considered a resource because with their demands and capabilities they can create new resources. Nature's bounty becomes important only when people find it and make it useful for them. Hence, human resource is also considered an important and potential resource for the society.

Economic activities are those activities of man which are undertaken for earning money. Whereas non economic activities are those activities that are not undertaken for any monetary gain.

With education, all the members of the community will have a sense of equality when it comes to development. The equal opportunities that come with it help in elimination of the differences that normally exist in terms of social classes and different genders. In other words, it helps in women empowerment. '

Unemployment is a term referring to individuals who are employable and actively seeking a job but are unable to find a job. Included in this group are those people in the workforce who are working but do not have an appropriate job. Usually measured by the unemployment rate, which is dividing the number of unemployed people by the total number of people in the workforce, unemployment serves as one of the indicators of a country’s economic status.

Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production. Human capital refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the organization.

i)Primary Activities: Primary activities include all those connected with extraction and production of natural resources. Examples: agriculture, fishing, mining. (ii)Secondary Activities: Activities which are concerned with the processing of natural resources are called secondary activities.

Education is closely linked to development. It enlightens people especially in this modern world. It brings about the transmission and acquisition of skills, abilities and competences, which enable individuals live, work, and contribute to the development of the society at large.

Health and nutrition is one of the important components of human resource development. Increased income and reduced poverty make people afford better diets, improved health care, and healthier living conditions. ... Usually better nutrition leads workers to better workability and thereby better income.

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