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class 10 th Printing culture and the modern world

on July 10, 2022

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Class - 9th People As Resource (Economics)

Q1. What do you understand by 'people as a resource'? Ans population as an asset for the economy rather than a liability. Population becomes human capital when there is investment made in the form of education, training and medical care. Q.2. How is human resource different from other resources like land and physical capital? Ans. human capital is in one way superior to other resources like land and physical capital: human resource can make use of land and capital. Land and capital cannot become useful on its own! Q3. What is the role of education in human capital formation? Ans. education added to the quality.This enhanced his total productivity. Total productivity adds to the growth of the economy . Q4.How will you explain the term unemployment? Ans.Unemployment is said to exist when people who are willing to work at the going wages cannot find jobs. types of unemployment Urban : in urban educated unemployment. Rural : seasonal and disguised unemployment. Q.5What is...

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class 10 th Printing culture and the modern world

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