Professional Documents
Culture Documents
A:- People as a resource is a way to relate to the human resource or the working
population of the country with respect to increase their dexterity and
abilities. Human resource is as an asset to a country if it is provided with
the best education, medical care, and training. The population becomes an
investment when money is spent on training, health care, and education,
and later that yields a good return.
Q2. How are human resources different from other resources like land and
physical capital?1M
A:- Human capital is in one respect preferable to other resources such as land
and physical capital: the land and physical capital can be replaced by
human resources. Land and physical resources alone can’t become useful.
A:- Educated persons find jobs in private institutions while uneducated persons
do the same just like their parents. They earn a modest income just to
sustain their life. If parents invest in their child with the best education,
training, and medical care, they are creating assets for the country and get
high returns in the form of higher earnings and greater social contribution.
Q5. What part does health play in the individual’s working life?3M
A:- Health plays a vital role in the working life of an individual as no firm would
be induced to employ people who might not be able to work efficiently as
healthy workers due to ill health and not only that people who are physically
or mentally ill are unable to work.
Q6. What are the various activities are undertaken in the primary sector,
secondary sector, and tertiary sector?3M
A:- The different activities were classified into three major sectors i.e. primary,
secondary, and tertiary. The primary sector includes agriculture, forestry,
livestock, fishing, poultry, and mining. The secondary sector includes the
quarry and manufacturing. The tertiary sector includes trade, transport,
communication, finance, education, health, tourism, utilities, insurance, etc.
A:- Activities can be further divided into two i.e. economic and non-economic
activities. Non-economic activities, which are not performed money but to get
some satisfaction. These activities add value to domestic revenue. Those are
called economic operations. Such tasks are carried out for the satisfaction of
social duty or for physical health or leisure.
A:- When women enter the labor market, they are paid for their work. Their
earnings are calculated on the basis of education and ability, much like that
of their male counterparts. Most women are under-educated and have low
skills training, and therefore women are paid low compared to men. Most
women do work where there is no job security.
Unemployment is said to exist when people are willing to work at the going
wages but cannot find jobs.
These three people also work in the same plot as five people. The
contribution made by the three extra people does not add to the contribution
made by the five people. If three people are removed the field productivity
will not decline.
The field requires the service of five people and the three additional people
are disguised as being employed. Some months do not give the people who
are dependent on agriculture much work.
Q11. Which capital would you consider the best — land, labor, physical
capital, and human capital? Why? 3M
A:- Japan has the most sought human power in the world after being an island
nation. It has invested a lot in manpower and uses it to produce a higher
yield in every sector. They have made huge investments in the field of
education with vocational training. Such individuals make use of other
physical tangible resources and have efficiently developed this country.
Comment *
Name *
Email *
Website