Class - IX 2023-24 Board: CBSE
PEOPLE AS RESOURCE
Submitted By : Rishabh Bhartiya
Human Capital :
Investment made in the form of education, training and medical care.
The stock of skill and productive knowledge embodied in them.
Human Capital formation:
‘Human resource’ is further developed by becoming more educated and healthier, we call it ‘human capital
formation.
Investment in human capital (though education, training, medical care) yields returns just like investment in
physical capital’.
Human capital is superior to other resources like land and physical capital, as it uses these capitals and adds value
to them.
Countries like Japan have invested a lot in human resources.
Economic Activities by Men and Women :
Activities that add value to the national income or Gross Domestic Product (GDP).
Three main sectors
1) Primary: It includes agriculture, forestry, animal husbandry, mining etc.
2) Secondary: Manufacturing is included in the secondary sector such as light and heavy manufacturing, food
processing, etc.
3) Tertiary: Trade, transport, communication, banking, education, health, tourism, etc.
Two Parts of Economic Activities :
1. Market Activities: Activities which are performed basically for the purpose of the sale in the market.
2. Non-Market Activities: Non-market activities are the production for self-consumption.
Activities of Women:
Domestic affairs like cooking of food, washing of clothes, cleaning of utensils, housekeeping and looking after
children.
A majority of the women have meagre education and low skill formation.
Quality Of Population :
The literacy rate
Health of a person,
Life expectancy
Skill formation
Education :
Education contributes towards the growth of society.
It enhances national income, cultural richness and increases the efficiency of governance.
Steps taken by the government to promote education in India:
i. Navodaya Vidyalaya have been set up.
ii. Vocational streams have been developed
iii. Sarva Shiksha Abhiyan has been launched (age group of 6 to 14 years by 2010).
iv. Bridge courses and back to school camps have been initiated.
v. The Mid-day meal scheme has been implemented to encourage attendance and retention of children.
PEOPLE AS RESOURCE
Submitted By : Rishabh Bhartiya
Human Capital :
Investment made in the form of education, training and medical care.
The stock of skill and productive knowledge embodied in them.
Human Capital formation:
‘Human resource’ is further developed by becoming more educated and healthier, we call it ‘human capital
formation.
Investment in human capital (though education, training, medical care) yields returns just like investment in
physical capital’.
Human capital is superior to other resources like land and physical capital, as it uses these capitals and adds value
to them.
Countries like Japan have invested a lot in human resources.
Economic Activities by Men and Women :
Activities that add value to the national income or Gross Domestic Product (GDP).
Three main sectors
1) Primary: It includes agriculture, forestry, animal husbandry, mining etc.
2) Secondary: Manufacturing is included in the secondary sector such as light and heavy manufacturing, food
processing, etc.
3) Tertiary: Trade, transport, communication, banking, education, health, tourism, etc.
Two Parts of Economic Activities :
1. Market Activities: Activities which are performed basically for the purpose of the sale in the market.
2. Non-Market Activities: Non-market activities are the production for self-consumption.
Activities of Women:
Domestic affairs like cooking of food, washing of clothes, cleaning of utensils, housekeeping and looking after
children.
A majority of the women have meagre education and low skill formation.
Quality Of Population :
The literacy rate
Health of a person,
Life expectancy
Skill formation
Education :
Education contributes towards the growth of society.
It enhances national income, cultural richness and increases the efficiency of governance.
Steps taken by the government to promote education in India:
i. Navodaya Vidyalaya have been set up.
ii. Vocational streams have been developed
iii. Sarva Shiksha Abhiyan has been launched (age group of 6 to 14 years by 2010).
iv. Bridge courses and back to school camps have been initiated.
v. The Mid-day meal scheme has been implemented to encourage attendance and retention of children.
