Class 9 Exam > Class 9 Notes > Social Studies (SST) Class 9 > Glossary and Important Information - People as Resources
Glossary and Important Information - People as Resources | Social Studies (SST) Class 9 PDF Download
- Resources: Any material which can be transformed in a way that it becomes more valuable and useful is known as Resources.
- Natural Resources: A natural resource is anything in, on, or above the earth that people use to meet their needs.
- Human Resources: By the term human resources we mean the size of the population of a country along with its efficiency, educational qualities, productivity, organisational abilities and farsightedness.
- Skilled workers: A skilled worker is one who has proper training and education to work in a particular field.
- Economic activities: All these activities that give income to the people are called Economic activities.
- Primary Activities: These include those occupations which are closely related to man’s natural environment. Example: Agriculture, hunting etc.
Question for Glossary and Important Information - People as ResourcesTry yourself: What are natural resources?View Solution
- Secondary Activities: The occupations which produce finished goods by using the products of primary activities as raw material.
- Tertiary activity: It consists of all service occupations.
- Disguised unemployment: It is a situation in which more people are engaged in activity than required.
- Seasonal unemployment: It is a type of unemployment under which people are employed during some parts of the year and remain without work during the rest of the year owing to the seasonal nature of work.
- Literate: According to the census of 2001, a person aged 7 years and above can read and write with understanding in any language.
- Investment: The existing stock of physical capital assets such as machinery, building, plant and equipment.
- Productivity: The output of goods and services compared to the inputs used. It is the measure of the efficiency of factors of productions.
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FAQs on Glossary and Important Information - People as Resources - Social Studies (SST) Class 9
| 1. What is meant by 'People as Resources'? |  |
Ans. 'People as Resources' refers to the concept that considers people as an asset or resource who contribute to the growth and development of a country. It emphasizes the importance of human capital in the economic development of a country.
| 2. What are the different types of unemployment? | |
Ans. There are three types of unemployment - frictional unemployment, structural unemployment, and cyclical unemployment. Frictional unemployment occurs when people are in the process of changing jobs, while structural unemployment occurs due to changes in the economy, and cyclical unemployment occurs due to fluctuations in the business cycle.
| 3. Why is education considered an investment in human capital? | |
Ans. Education is considered an investment in human capital because it enhances the skills and knowledge of individuals, which in turn increases their productivity and earning potential. This results in a more skilled and productive workforce, which contributes to the growth and development of a country.
| 4. What is the importance of healthcare in human capital formation? | |
Ans. Healthcare is an important aspect of human capital formation as it ensures the physical and mental well-being of individuals, which in turn enables them to be more productive and contribute to the growth and development of a country. A healthy workforce is also essential for the economic development of a country.
| 5. What are the benefits of investing in human capital? | |
Ans. Investing in human capital has several benefits, such as increased productivity, improved standard of living, economic growth and development, reduced poverty and inequality, and improved social well-being. It also helps in reducing unemployment and creating employment opportunities.
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