Question

case studies for people as a resource class 9th​

Answer 1

Answer:

What do you understand by ‘people as a resource’?

Solution:

‘People as Resource’ is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Human resource is an asset for the economy rather than a liability. Population becomes human capital when there is investment made in the form of education, training and medical care. In fact, human capital is the stock of skill and productive knowledge embodied in them.

Question-2

How is human resource different from other resources like land and physical capital?

Solution:

Human capital is in one-way superior to other resources like land and physical capital: human resource can make use of land and physical capital. Land and physical capital cannot become useful on its own.