NCERT Solutions for Class 9 Economics Chapter 2 People as Resource
NCERT Solutions for Class 9 Economics Chapter 2 People as Resource help students grasp basic concepts better and faster. They are designed by subject matter experts keeping in mind the CBSE curriculum and latest marking schemes. Students can use Class 9 Social Science NCERT Solutions as a reference while studying or doing their homework. They can also use them to check their answers after solving a problem.
Chapter 2 Class 9 Economics NCERT Solutions provide detailed explanations for all the concepts and questions present in the chapter. Also, they also have solved examples which can further aid your understanding. By going through NCERT Solutions, you can be sure that you have revised the chapter thoroughly.
Chapter 2 People as Resource Class 9 Economics NCERT Solutions
1. What do you understand by ‘people as a resource’?
People as a resource is a way of referring to the country’s working population in terms of their existing productive skills and abilities. When a country has a large population, it is considered a liability, rather than an asset. However, it can be turned into a productive asset through education, training, and health care. The positive side of a large population that is often overlooked is its contribution to Gross National Product. A productive population contributes considerably to the creation of Gross National Product.
2. How is human resource different from other resources like land and physical Capital?
The human resource uses land and physical capital to produce an output while the other resources can’t do this on their own.
3. What is the role of education in human capital formation?
People who are educated care about themselves and others, make their productivity and prosperity better, and enrich their life experiences. Education facilitates better development than an illiterate society. Education not only contributes to a person’s growth, it also contributes to the development of society as a whole. Education not only increases government efficiency, but it also increases our national income along with our cultural heritage.
4. What is the role of health in human capital formation?
A healthy population is seen as an asset by the economy, while an unhealthy population becomes a liability. Consequently, improving the health status of the population is considered a necessity. By reducing the amount of production losses caused by worker illness, improved health contributes to economic growth. It increases the efficiency of workers. It permits the use of natural and other resources. It encourages school enrollment and makes students more able to succeed.
5. What part does health play in the individual’s working life?
An individual’s health plays a key role in his/her working life. A healthy person provides uninterrupted labour supply for a longer period of time than an unhealthy person. Health allows a worker to discover his or her true potential, fight illness, and increase productivity.
6. What are the various activities undertaken in the primary sector, secondary sector and tertiary sector?
Primary Sector: Agriculture, forestry, animal husbandry, fishing, poultry, farming, mining and quarrying.
Secondary Sector: Manufacturing
Tertiary Sector: Trade, transport, communication, banking, education, health, tourism and insurance.
7. What is the difference between economic activities and non-economic activities?
Economic activities add value to national income. These include market activitiesand non-market activities. The non-economic activities are those that do not contribute to the national income.
8. Why are women employed in low paid work?
Indian women are generally employed in low-paying jobs due to the fact that they have little education and little skill formation in comparison to men. In addition, Indian women prefer to work at nearby places only, and they have to take frequent maternity leave, which forces them to work at low wages. However, women with higher education and skill formation are paid on par with men.
9. How will you explain the term unemployment?
Unemployment is said to exist when people who are willing to work at the current prevailing wages cannot find work. If some one is not interested in doing work at the ongoing wage rate or outside his/her domestic domain he/she will not be counted as unemployed.
10. What is the difference between disguised unemployment and seasonal unemployment?
Disguised unemployment occurs when there are more people working in a job than there are actually needed to do it. An agricultural activity, for example, requires the services of eight people, but actually only requires the services of five people, so three additional people are needed. The total production will not be affected if these three people out of eight are withdrawn.
Seasonal unemployment occurs when people are able to find jobs only during some months of
the year. This kind of unemployment is generally found in the agricultural sector.
11. Why is educated unemployed, a peculiar problem of India?
The term educated unemployment refers to the fact that a number of young people with matriculation, graduation, and postgraduate degrees are unable to find jobs. Even after about 18 years of education, a person is regarded as unskilled by the education system. As a result, a large number of unskilled educated youth are thrown out of educational institutions year after year, but only a fraction of them find suitable employment. Some of them remain unemployed, while others find work in activities that do not match their potential, resulting in a waste of resources that would have otherwise been spent on their education.
12. In which field do you think India can build the maximum employment opportunity?
India has the largest agricultural workforce. By introducing modern methods of cultivation and production, it can develop employment opportunities in the primary sector. By focusing on skill development and individual training, the government can also ensure employment in secondary and tertiary sectors.
13. Can you suggest some measures in the education system to mitigate the problem of educated unemployed?
There should be an emphasis on imparting job-oriented education. Education should be structured in such a way that it meets the needs of the job market. In order to introduce the youth to various career opportunities in the future, vocational and professional education should be promoted. In order to help students identify their areas of interest and persuade them to pursue their career in these areas, educational counselling should be provided.
14. Can you imagine some village which initially had no job opportunities but later came up with many?
This question should be answered from the perspective of the student.
15. Which capital would you consider the best — land, labour, physical capital and human capital? Why?
Human capital is the best because it can make use of land, labour and physical capital. Land and capital cannot become useful on their own.