NCERT Solutions for Class 9 Social Science Economics Unit 2

People as Resource Class 9

Unit 2 People as Resource Exercise Solutions

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Exercise : Solutions of Questions on Page Number : 27

Q1 :  

What do you understand by 'people as a resource'?


Answer :

People can make the best use of nature to create more resources when they have the knowledge, skill and technology to do so. This is why human beings are considered a resource. It is the abilities of human beings which help in transferring a physical material into a valuable resource.

'People as a resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. The idea of people as a resource is linked to the concept of human capital - i.e., the stock of skill and productive knowledge embodied in a population. Any production of goods and services requires the presence of the four factors of production, namely land, labour, physical capital and human capital. The knowledge and enterprise provided by the human capital puts together the other three factors to produce an output. Population becomes an asset instead of a liability when investments are made in the form of education, training and medical care.

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Q2 :  

How is human resource different from other resources like land and physical capital?


Answer :

Human resource makes use of other resources like land and physical capital to produce an output. The other resources cannot become useful on their own. This is the reason why human resource is considered to be superior to the other resources.

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Q3 :  

What is the role of education in human capital formation?


Answer :

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Q4 :  

What is the role of health in human capital formation?


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Q5 :  

What part does health play in the individual's working life?


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Q6 :  

What are the various activities undertaken in the primary sector, secondary sector and tertiary sector?


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Q7 :  

What is the difference between economic activities and non-economic activities?


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Q8 :  

Why are women employed in low paid work?


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Q9 :  

How will you explain the term unemployment?


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Q10 :  

What is the difference between disguised unemployment and seasonal unemployment?


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Q11 :  

Why are educated unemployed a peculiar problem of India?


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Q12 :  

Can you suggest some measures in the education system to mitigate the problem of the educated unemployed?


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Q13 :  

Which capital would you consider the best - land, labour, physical capital and human capital? Why?


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<< Previous Chapter 1 : The Story of Village Palampur Next Chapter 3 : Poverty as a Challenge >>

Economics - Social Science : CBSE NCERT Exercise Solutions for Class 9th for People as Resource will be available online in PDF book form soon. The solutions are absolutely Free. Soon you will be able to download the solutions.

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