People as Resource Class 9 PPT

 Page 1


CLASS 9
ECONOMICS
CHAPTER NO.2
PEOPLE AS RESOURCE
Page 2


CLASS 9
ECONOMICS
CHAPTER NO.2
PEOPLE AS RESOURCE
CONTENTS
1. Introduction
2. Human as Resource
3. Stories of Sakal & Vilas
5. Quality of Population
6. Unemployment 
4. Economic Activities 
7. Employment Scenario 
Page 3


CLASS 9
ECONOMICS
CHAPTER NO.2
PEOPLE AS RESOURCE
CONTENTS
1. Introduction
2. Human as Resource
3. Stories of Sakal & Vilas
5. Quality of Population
6. Unemployment 
4. Economic Activities 
7. Employment Scenario 
• 'People as Resource' is a way to relate to the working 
people of a country with respect to their current 
functional skills and abilities. 
• Human resources is not a liability but an asset to the 
economy. 
• The population becomes human capital when 
investment in the form of education, training, and health 
care is made. 
• Human capital, in essence, is the stock of skill and 
productive knowledge embodied within it.
INTRODUCTION
Page 4


CLASS 9
ECONOMICS
CHAPTER NO.2
PEOPLE AS RESOURCE
CONTENTS
1. Introduction
2. Human as Resource
3. Stories of Sakal & Vilas
5. Quality of Population
6. Unemployment 
4. Economic Activities 
7. Employment Scenario 
• 'People as Resource' is a way to relate to the working 
people of a country with respect to their current 
functional skills and abilities. 
• Human resources is not a liability but an asset to the 
economy. 
• The population becomes human capital when 
investment in the form of education, training, and health 
care is made. 
• Human capital, in essence, is the stock of skill and 
productive knowledge embodied within it.
INTRODUCTION
Human capital
Page 5


CLASS 9
ECONOMICS
CHAPTER NO.2
PEOPLE AS RESOURCE
CONTENTS
1. Introduction
2. Human as Resource
3. Stories of Sakal & Vilas
5. Quality of Population
6. Unemployment 
4. Economic Activities 
7. Employment Scenario 
• 'People as Resource' is a way to relate to the working 
people of a country with respect to their current 
functional skills and abilities. 
• Human resources is not a liability but an asset to the 
economy. 
• The population becomes human capital when 
investment in the form of education, training, and health 
care is made. 
• Human capital, in essence, is the stock of skill and 
productive knowledge embodied within it.
INTRODUCTION
Human capital
HUMAN RESOURCE
• People who are part of the workforce are called human 
resource. 
• By contributing in productivity, the human resource plays a 
significant role in the economy of a country. 
• Any other resource  becomes useful only because of the 
input by the human resource.
• Investment in human capital yields a return like  investment 
in other resources. 
• Investment in  human capital is done through education, 
training and healthcare. 
• A person with better education  usually earns better than 
an uneducated person.
• Moreover, a healthy person is more productive.