Home Work

S. D.
JAIN MODERN SCHOOL

U.M. ROAD, VESU CHAR RASTA, SURAT-395007.
Tel: 0261 3530300, 3530301
Website: www.sdjms.in, E-mail: [email protected]
Affiliation No: 430048, School Code: 10037
Class: IX
Subject: Economics
Ch: 02 People as Resource
HOME WORK
Practice Questions:
Short Answer Questions: 01 Mark each:
1. NavodayaVidyalayas have been started for which kind of school children?
Answer: NavodayaVidyalayas have been started for talented school children residing in
rural areas.
2. What is the age group of population which is treated as the workforce?
Answer: The workforce population in India includes people from the age of 15 to 59 years.
In other countries, this may be slightly different. For instance, it is 16 to 65 years in USA.
3. How will you define the life expectancy of a new born baby?
Answer: Life expectancy is defined as the average length of life a new born baby will live.
4. What is the major reason for education having an important role in human capital
formation?
Answer: Education broadens the knowledge of people and provides them training, thus
having an important role in human capital formation.
5. What is the meaning of vocational education?
Answer: ‘Vocational education’ means ‘training for a specific vocation’ i.e. training for being
employed in a particular job. It is education catering to the requirements of the economy.
Answer the following in brief:
1. What is human capital?

Answer: When investment is made in form of education and medical care, the quality of
population improves and it became a great asset it is called as human capital.
2. What do you understand by the term “Sarva Shiksha Abhiyan”?
Answer: Sarva Shiksha Abhiyan is a flagship programme of Government of India that aims
to provide elementary education of all children in the age group of 6 to 14 years.
3. What kind of investment can be made on a child?
Answer: Investment of education and health on a child can yield a high return in the future
in the form of higher earnings and greater contribution to society.
4. Classify various activities on the basis of its economic benefit?
Answer: Various Activities have been classified into three main sectors.
(i) Primary Sector
(ii) Secondary Sector
(iii) Tertiary Sector
5. What are Non-Market Activities?
Answer: Non-Market activities are the production for self-consumption. These can be
consumption and processing of primary product and own account production of fixed
assets.
Long Answer Questions:

1. What is the difference between economic activities and non-economic activities?
Answer: Economic Activities which result in production of .goods and services which add to
the national income are called economic activities. The activities classified in the three
sectors are economic activities. Non-Economic Activities Those activities which are not
performed for pay or profit, e.g., parents looking after their children or a mother cooking
food for her family is a non-economic activity, as it is neither performed for pay or profit and
nor does it add to the national income.
2. What are the two types of unemployment found in rural areas? How does
unemployment affect the overall growth of an economy? Explain by giving four
points.
Answer: Two types of unemployment found in rural areas are
(a) Seasonal Unemployment Agriculture being a seasonal activity, most of the labour is
required during sowing and harvesting. At other times the labour is unemployed.
(b) Disguised Unemployment this occurs when all the members of a family of a small
farmer are working in the fields, but all may not be required. For instance, the farmer may
require only five labourers for the work, but because eight are available, all are working.
Actually they are working at less than full productivity. Unemployment affects the overall
growth of an economy as :
(i) it is a wastage of manpower resource.
(ii) it increases the economic overload.
(iii) it tends to increase the number of dependent population.
(iv) Increase in unemployment is an indicator of a depressed economy.
Practice Questions:
Short Answer Questions:
1. Surplus labour in agriculture has moved to which jobs in secondary and tertiary
sector?
2. What is the main difference between ‘Human Capital’ and ‘Human Capital
Formation’?
3. What is the strategy of eleventh plan for education and literacy?
4. How a vicious cycle is created by illiterate parents for their children?
5. How can a large population of India be turned as an asset rather than a liability?
Long Answer Questions:
1. Why is human capital the most important factor of production? Give three
reasons.
2. How is human resource different from other resources like land and physical
capital?
3. Why do educated parents invest more heavily on their children’s education? Give
three reasons.
4. Mention any three features of National health policy.
5. What are the impacts of unemployment?

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S. D.

JAIN MODERN SCHOOL

Answer the following in brief:

1. What is human capital?

Long Answer Questions:

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