Please send me Class 9 Together With Social Studies of Ch-1 Economics with all solved questions and practice questions (No summary of chapter).
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Question 1. What do you understand by ‘people as a resource’? Answer : ‘People as a resource’ is a way of referring to a country’s working peooie in terms of their existing productive skills and abilities. Because the humans contribute to GDP, they are also considered as a resource. Question 2. How is human resource different from other resources like land and physical capital? Answer : Land, water, forests and minerals are resources which are essential for the growth, progress and development of human society. However these resources become usable only when the human being processes them and develops them; otherwise they are of no use on their own. Without human beings these resources would remain unutilised. Thus human resource is the most important resource because it helps to utilise natural resources. Question 3. What is the role of education in human capital formation? Answer : Education plays a significant and very vital role in human capital formation because education helps the humans to achieve and realize their full potential and achieve success in life in the form of higher incomes earned through better jobs and higher productivity. Education helps the people by broadening their knowledge and providing them training. Question 4. What is the role of health in human capital formation? Answer : Health plays an important role in human capital formation for the following reasons Only a healthy person can perform to his full potential. A healthy person can do the work in a more effective manner. A healthy person can contribute to the growth and development of the economy by dOing productive work. An unhealthy person becomes a liability for an organisation. Indeed health is an indispensable basis for realising one’s well being. Realising the importance of health, improvement in the health status of the population has been the priority of the government. Question 5. What part does health play in the individual’s working life ? Answer : Health plays an important part in the individual’s working life because An unhealthy person cannot work effiCiently. If the body is healthy then only the mind can perform well. A healthy person is able to work harder and better, thus earning more and living a better life. Question 6. What are the various activities undertaken in the primary sector, secondary sector, and tertiary sector? Answer : Primary Sector Activities Agriculture, forestry, animal husbandry, fishing, poultry farming and mining. Secondary Sector Activities Include manufacturing and construction. Tertiary Sector Activities Trade, transport, communication, banking, education, health, tourism, services, insurance, etc. Question 7. What is the difference between economic activities and non-economic activities? Answer : The activities which are performed for money and results in econormc income are called economic activities. These activities add value to the national income. Those activities which are not performed for money and do not result in economic income are called non-economic activities. Question 8. Why are women employed in low paid work? Answer : A majority of the women in India have very less education and low skill formation and thus they perform mainly unskilled labour and get lower wages. Being less educated they are unaware of their rights and about minimum wages, or they work in the unorganised sector where they get low wages. They are traditionally considered physically inferior to men and believed to do less work, so they are paid less compared to men. Question 9. How will you explain the term unemployment? Answer : Unemployment is said to exist when people who are willing to work at the current wages cannot find jobs.. Question 10. What is the difference unemployment and seasonal unemployment? Answer : Disguised Unemployment between disguised In case of disguised unemployment, people appear to be employed but are actually not employed. Sometimes in agricultural families, eight people are working in the farm, whereas only five people are needed to do that work. Thus three persons are surplus and they are not needed on the farm. They also do not help to increase the production of the farm. If these three extra persons are removed from the farm. the production from the farm will not decrease; therefore these three persons appear to be employed but are actually disguisedly unemployed. Seasonal Unemployment Seasonal unemployment happens when people are not able to find jobs during some months of the year. People dependent upon agriculture usually face such a kind of problem. There are certain busy seasons when sowing, harvesting, weeding and threshing is done. But when the plants are growing, there is not much work. During this period, they remain unemployed and are said to be seasonally unemployed.