People As Resource
People as Resource
Class IX
1. What do you understand by ‘people as a resource’?
Answer:
‘People as a resource’ is a way of referring to the working population of a country, in terms of their existing productive skills and abilities. A large population is considered as a liability, rather than an asset. However, a large population can be turned into a productive asset by investing in education, training and the medical care of the people. A productive population contributes considerably towards creation of Gross National Product. ‘People as a resource’ is the positive side of a large population that is often overlooked.
2.How is human resource different from other resources like land and physical capital?
Answer:
The following are the main differences between human resources and other resources such as land and physical capital:
3. What is the role of education in human capital formation?
Answer:
(i) An educated society facilitates better development than an illiterate one.
(ii) Education provides new aspirations and imparts a modern outlook to children.
(iii) Education makes people concerned for themselves and others, improves productivity and prosperity, and enriches life experience.
(iv) It not only contributes towards the growth of an individual but also helps in the development of the society as a whole.
(v) Along with increasing the efficiency of the government, education also increases the national income along with our cultural richness.
4. What is the role of health in human capital formation?
Answer:
Health does not mean survival only. It involves not only the physical fitness of the individual but also his mental capabilities. Health contributes towards human capital formation in the following ways:
(i) A healthy person provides uninterrupted labour supply for a longer period than an unhealthy person.
(ii) The health of a person helps him to realise his potential and ability to fight illness.
(iii) Good health increases the efficiency of a worker.
(iv) Good health increases the learning capacity of a worker.
5. What part does health play in the individual’s working life?
Answer:
Health plays an important role in an individual’s working life. A healthy person provides uninterrupted labour supply for a longer period than an unhealthy person. Good health helps him to discover his true potential and his ability to fight illness along with increasing the efficiency of a worker.
6. What are the various activities undertaken in the primary, secondary and the tertiary sectors?
Answer:
The various activities undertaken in the primary, secondary and the tertiary sectors are classified in the table below:
7. What is the difference between economic activities and non-economic activities?Answer:
Educated unemployment is a peculiar problem of India due to the following reasons:
- There is unemployment in the technically qualified population, while there is a scarcity of technical skills required for the economic growth of a country.
- According to a study, unemployment among graduates and post graduates has increased faster than the matriculates.
- In a paradoxical manpower situation, there is surplus manpower in certain categories while there is shortage of manpower in others.
- Not being able to find job for long periods creates a feeling of depression among the youth.




Comments