People As Resource Questions and Answers

people as resource
Question-1
What do you understand by ‘people as a resource’?
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.
Question-2
How is human resource different from other resources like land and physical
capital?
Solution:
Human resource is different in the following ways:
1.Land and other resources are fixed, limited and specified whereas human resources
can be nurtured through education and health.
2.Human resources can bring a change in other resources whereas other resources can
not change or affect human resource.
3.Human resource can make use of land and physical capital whereas land and
physical capital can not become useful on its own.
Question-3
What is the role of health in human capital formation?
Solution:
The role of health in human capital formation is as follows:
1.Healthier people have higher productivity because the health of a person helps
him to realise his potential and the ability to fight illness. On the other hand,
an unhealthy person becomes a liability for an organisation.
2.It improves the quality of life. A healthy person is able to do his work in a
proper and efficient way.
3.A healthy person makes greater contribution to society as compared to an
unhealthy person.
4.Good health enables a person to earn more and to be more regular in his work.
Question-4
What part does health play in the individual’s working life?
Solution:
Health plays a very important role in an individual’s life because as we all know
health is wealth and only a healthy person can work or perform to his full
potential. An unhealthy person can not work efficiently. A healthy person is able
to work harder and better, thus, earning more and living a better life. If the body
is healthy, only then one can perform well. So, we can say that health plays a
vital role in an individual’s life.
Question-5
What are the various activities are undertaken in the primary sector, secondary
sector and tertiary sector?
Solution:
The various activities have been classified into three main sectors i.e., primary,
secondary and tertiary. The primary sector includes agriculture, forestry, animal
husbandry, fishing, poultry farming, and mining. Quarrying and manufacturing is
included in the secondary sector. Trade, transport, communication, banking,
education, health, tourism, services, insurance etc. are included in the tertiary
sector.
Question-6
Why are women employed in low paid work?
Solution:
Women are paid for their work when they enter the labour market. Their earning,
like that of their male counterpart, is determined on the basis of education and
skill. A majority of the women have meager education and low skill formation and
hence women are paid low compared to men. Most women work where job security is not
there.
Question-7
How will you explain the term unemployment?
Solution:
Unemployment is said to exist when people are willing to work at the going wages
but cannot find jobs.
Question-8
In which field do you think India can build the maximum employment opportunity?
Solution:
Since agriculture is the backbone of India, India can build maximum employment
opportunities in agriculture-based industries.
Question-9
Can you imagine some village that initially had no job opportunities but later came
up with many?
Solution:
Some of the measures in the education system to mitigate the problem of the
educated unemployed are:
1.Vocational education should be encouraged so that people do not have difficulty

getting jobs because they will be better trained for work.
2.More use of information technology should be made in giving education.
3.Education should be job-oriented.
4.More employment opportunities should be made available to the educated people in
the tertiary sector.

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people as resource

1.Vocational education should be encouraged so that people do not have difficulty

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