Economy, asked by visali1975oxlzwj, 1 year ago

point wise summarry of people as reasourse

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Answered by sriS1
1
People As Resources

Meaning of Human Resources: People as Resource' is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Looking at the population from this productive aspect emphasizes its ability to contribute to the creation of the Gross National Product. Like other resources population also is a resource — a 'human resource'. This is the positive side of a large population that is often overlooked when we look only at the negative side, considering only the problems of providing the population with food, education and access to health facilities.

When the existing 'human resource' is further developed by becoming more educated and healthy, we call it 'human capital formation' that adds to the productive power of the country just like 'physical capital formation'. Investment in human capital (through education, training, medical care) yields a return just like investment in physical capital. This can be seen directly in the form of higher incomes earned because of higher productivity of the more educated or the better trained persons, as well as the higher productivity of healthier people.

 

Economic Activities by Men and Women

The various activities have been classified into three main sectors i.e., primary, secondary and tertiary.

Primary sector:- It includes agriculture, forestry, animal husbandry, fishing, poultry farming, and mining.

Secondary sector- Quarrying and manufacturing is included in the secondary sector.

Tertiary sector:- Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the tertiary sector. The activities in this sector result in the production of goods and services.

These activities add value to the national income. These activities are called economic activities. Economic activities have two parts — market activities and nonmarket activities.

Market activities:- It involve remuneration to any one who performs i.e., activity performed for pay or profit. These include production of goods or services including government service.

Non-market activities are the production for self-consumption. These can be consumption and processing of primary product and own account production of fixed assets.
Answered by arundhatimishra4640
1

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