Professional Documents
Culture Documents
CLASS9
CLASS9
CLASS9
ECONOMICS
CHAPTER – 2
PEOPLE AS RESOURCE
# MEANING OF PEOPLE AS A RESOURCE :- It refers to the
working people of country with regard to their productive skills and
abilities
* population is an asset for the economy rather than a liability .
# DO YOUSELF ----
* WHAT IS THE ROLE OF HEALTH AND EDUCATION IN
HUMAN CAPITAL FORMATION ?
# ECONOMIC ACTIVITIES :- Activities which add to the national income are called economic activities or market activities .
They are classified into three sectors:-
(1) PRIMARY SECTOR :- All activities which harvest or extract natural products . It includes agriculture , forestry , fishing , farming , mining etc.
(2) SECONDARY SECTOR :- All manufacturing processes and construction activities are included in the secondary sector .
(3) TERTIARY SECTOR :- All activities which support the primary and secondary sector are classified in this category . It include trade , transport , tourism , communication , banking , education , health etc.
NON MARKET ACTIVITY :- An activity undertaken to satisfy personal , familiar , social or religious obligation and involving no
renumeration .
eg :- housewives doing domestic work
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# DO YOURSELF :-
* India is the country with seond largest population in the world . Is it an assets or liability ? Give your point of view .
* In which field , do you think India can build the maximum employment opportunity?
* Write some measures in educational system to mitigate the problem of educated unemployment ?
* Which capital would you consider the best – land , labour , human capital and physical capital ? Why ?
Literacy rate in india:- this is the percentage of people above the
age of 7 yrs with the ability to read and write with understanding .
68
65 65
60
55
52 52
47
43
41 40
35
29 28 29
24
20
17
10
URBAN AREAS
• Mostly educated unemployment :- many youths with
graduation , post graduation etc are not able to find jobs .
Effects of unemployment
* it leads to the wastage of manpower resource.
* Feeling of hopeless and despair occurs among the youth .
* people do not have enough money to support their family .
* inability od educated people who are willing to work to find gainful employment implies
a great social wastage.
* Dependence of unemployed on working population increases .
* It tends to increase economic overload.
* quality of life and society is adversely affected .
* general decline in health status
* rising withdrawal from the school system .
# Do yourself
* “Japan has scarcity of natural resources yet it is a develop and rich country . why ?”