Can you imagine some village which initially had no job opportunities but later came up with many

Anand is one of the main villages which have gained a lot employment opportunities because of AMUL(Anand Milk Udyog Limited). Earlier the women of Anand had to travel a lot of distance to sell milk to nearest town. But after this co-operative society is set, it has became a lot easier for them to sell milk. Now AMUL is one of the biggest co-operative societies of India.

NCERT Solutions for Class 9 Economics Chapter 2 People as Resource NCERT Solutions for Class 9 Social Science Economics Chapter 2 People as Resource contain answers to the textbook exercise questions. The NCERT solutions are easy and accurate that helps with the questions asked in the examinations. These solutions cover all the questions of the chapter in detail. NCERT Solutions for Class 9 Social Science Economics Chapter 2 are prepared by our subject experts in very easy language. All our solutions are updated as per the latest CBSE Syllabus and Guidelines. Class 9 Social Science Economics Chapter 2 NCERT Solutions Let’s Discuss Page no. 17 Question 1: Looking at the photograph can you explain how a doctor, teacher, engineer and a tailor are an asset to the economy? Answer: (i) A population becomes human capital when there is investment made in the form of education training and medical care. (ii) Human capital is the stack of skills and productive knowledge embodied in them. (iii) Investment made in the form of education and training in making a doctor, a teacher an engineer and a tailor, has increased their capabilities of providing different services to the people of the country and therefore they are an asset to the economy of a nation Let’s Discuss Page no. 18 Question 1: Do you notice any difference between the two friends? What are those? Answer: The differences between the two friends Sakal and Vilas were (i) Vilas father died when Vilas was two years old whereas...

Solution: ‘People as Resource’ is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Human resource is 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. In fact, human capital is the stock of skill and productive knowledge embodied in them. Solution: Educated people find jobs in private firms while the uneducated people continue with the same work as their parents. They earn a meagre income like their parents, which is just enough to support a family. Several years of education adds to the quality of labour. This enhances their total productivity. Total productivity adds to the growth of the economy. This in turn pays an individual through salary or in some other form of his choice. It is a known fact that with investments made on education and health; one can yield a high return in the future in the form of higher earnings and greater contribution to society. Solution: The health of a person helps him to realise his potential and the ability to fight illness. An unhealthy person becomes a liability for an organisation. Health is an indispensable basis for realising one’s well being. Henceforth, improvement in the health status of the population has been the priority of the country. Our national policy, too, aimed at improving the accessibility of healthcare, family welfare and nutritional service with...

Anand is one of the main villages which have gained a lot employment opportunities because of AMUL(Anand Milk Udyog Limited). Earlier the women of Anand had to travel a lot of distance to sell milk to nearest town. But after this co-operative society is set, it has became a lot easier for them to sell milk. Now AMUL is one of the biggest co-operative societies of

• Extra Questions • CBSE Notes • RD Sharma Solutions • RD Sharma Class 12 Solutions • RD Sharma Class 11 Solutions • RD Sharma Class 10 Solutions • RD Sharma Class 9 Solutions • RD Sharma Class 8 Solutions • RS Aggarwal Solutions • RS Aggarwal Solutions Class 10 • RS Aggarwal Solutions Class 9 • RS Aggarwal Solutions Class 8 • RS Aggarwal Solutions Class 7 • RS Aggarwal Solutions Class 6 • ML Aggarwal Solutions • ML Aggarwal Class 10 Solutions • ML Aggarwal Class 9 Solutions • ML Aggarwal Class 8 Solutions • ML Aggarwal Class 7 Solutions • ML Aggarwal Class 6 Solutions • English Grammar • Words with Letters • English Summaries • Unseen Passages Question 2. How is human resource different from other resources like land and physical capital? Answer: Human capital is in one-way superior to other resources like land and physical capital: human resource can make use of land and physical capital. Land and physical capital cannot become useful on its own. Question 3. What is the role of education in human capital formation? Answer: The role of education in human capital formation is as follows: • Educated people earn more than the uneducated people. • Literate population is an asset to an economy. • It leads to higher productivity. • It opens new avenues for a person. • It provides new aspirations and develops values of life. • It contributes to the growth of society. • It enhances the national income, cultural richness and the efficiency of the governance. Question 4. What is th...