class 9 economic 1 and 2 chapters board type question and answer but I did not understand chapter
Answers
Summary of Chapter-1
An introduction to some basic concepts related to production through a hypothetical village called Palampur where farming is the main activity. The village also has several other activities such as small scale manufacturing, dairy, transport, etc, carried out on a limited scale.
Summary of Chapter-2.
People as Resource is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Like other resources, the population is also considered as human resource. When the existing ‘human resource’ is further developed by becoming more educated and healthy, it is called human capital formation. Investment in human capital (through education, training, medical care) yields a return just like investment in physical capital.