CBSE 9 Economics | 2. People as Resource by Pavan | Learn Smarter
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2. People as Resource

The chapter elaborates on the concept of 'People as Resource', emphasizing the significance of human capital formed through education, training, and health improvements. It explores the relationship between human resource development and economic growth, underscoring societal and individual benefits derived from investing in human capital. The chapter also highlights the impact of education and health on productivity and introduces various economic activities classified according to sectors.

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Sections

  • 2

    People As Resource - Overview

    This section discusses the significance of considering the population as an asset through investment in human capital, emphasizing education and healthcare.

    Learning Practice

  • 2.1

    Story Of Sakal

    The story of Sakal illustrates how education and human capital development can transform an individual's life and contribute positively to the economy.

    Learning Practice

  • 2.2

    Story Of Vilas

    The section contrasts two boys, Vilas and Sakal, illustrating how access to education and health resources can significantly impact future opportunities and economic contributions.

    Learning Practice

  • 2.3

    Economic Activities By Men And Women

    This section explores the different economic activities carried out by men and women and categorizes them into three sectors.

    Learning Practice

  • 2.4

    Quality Of Population

    The quality of a population is determined by literacy rates, health indicators like life expectancy, and skill formation, ultimately influencing a country's growth.

    Learning Practice

  • 2.4.1

    Education

    This section discusses the vital role of education in improving population quality, socioeconomic status, and societal growth.

    Learning Practice

  • 2.4.2

    Health

    This section discusses how health contributes to the productivity of individuals and the overall economy, highlighting its importance for human capital development.

    Learning Practice

  • 2.5

    Unemployment

    This section explores the concept of unemployment, its different types in rural and urban contexts, and its significant impact on the economy.

    Learning Practice

  • 2.6

    Story Of A Village

    The section narrates the transformative story of a village that leveraged human capital through education and creativity, leading to economic prosperity.

    Learning Practice

  • 2.7

    Exercises

    This section provides a series of thought-provoking exercises focused on understanding human resources and economic activities, emphasizing education, health, and unemployment.

    Learning Practice

  • 2.8

    Summary

    This section highlights the concept of human capital and its significance in transforming a population from a liability to an asset for economic growth through education and healthcare investment.

    Learning Practice

  • 2.9

    References

    The References section includes essential citations that underpin the content discussed in the chapter 'People as Resource', emphasizing the significance of viewing population as a valuable economic asset.

    Learning Practice

References

NCERT Study Material

Class Notes

Memorization

What we have learnt

  • Human capital is crucial fo...
  • Education and health invest...
  • The quality of population d...

Final Test

Revision Tests

Chapter FAQs