Examora | MCQ & Notes
Back to Home

NCERT Solutions for Class 9 Economics Chapter 2 People as Resource

NCERT Solutions for Class 9 Economics Chapter 2 covers Human Capital Formation, Economic Activities (Primary, Secondary, Tertiary), Quality of Population (Education, Health), and Unemployment Types.

Overview of Topics & Subtopics (Click to Jump)

1. Human Capital & Economic Activities

Short Note:

• People as Resource: A way of referring to a country's working workforce in terms of their existing productive skills and abilities.

• Human Capital Investment: Investment in education, training, and healthcare turns population from a liability into a productive asset.

• Sectors of Economic Activities:
1. Primary Sector: Extraction of natural resources (Agriculture, forestry, animal husbandry, fishing, mining).
2. Secondary Sector: Manufacturing and processing of goods (Factories, construction).
3. Tertiary Sector: Services (Trade, transport, banking, education, health, tourism).

• Market vs Non-Market Activities: Market activities involve remuneration/profit; Non-market activities are done for self-consumption.

2. Quality of Population: Education & Health

Short Note:

The quality of population depends upon the literacy rate, life expectancy, and skill formation.

• Education: Increases literacy, national income, cultural richness, and governance efficiency. Schemes like Sarva Shiksha Abhiyan and Mid-day Meal scheme enhance enrollment.

• Health: Healthy individuals realize their full potential and contribute maximum output. Health status is measured by Infant Mortality Rate (IMR), Life Expectancy, and birth/death rates.

3. Unemployment & Its Types

Short Note:

Unemployment exists when people who are willing to work at going wages cannot find jobs (workforce age: 15–59 years).

• Disguised Unemployment: More people are engaged in a job than actually required (common in rural agriculture). Output remains unaffected if extra workers are removed.

• Seasonal Unemployment: People are unable to find jobs during certain months of the year (agricultural off-seasons).

• Educated Unemployment: Metric, graduate, and post-graduate degree holders are unable to find suitable employment (common in urban areas).

Intext & Conceptual Questions

Q1: What do you understand by 'People as Resource'?
Answer: 'People as Resource' is a concept that views population as an asset for the economy rather than a liability. When investment is made in human beings through education, training, and medical care, the population becomes human capital, contributing significantly to national income and GNP.
Q2: Differentiate between Market Activities and Non-Market Activities.
Market Activities Non-Market Activities
Activities performed for remuneration, profit, or salary. Activities performed for self-consumption or family care.
Examples: A teacher teaching in a school, a worker in a factory. Examples: A farmer growing food for family consumption, unpaid domestic chores.

Textbook Chapter End Exercise Questions

Q1: What is the difference between Disguised Unemployment and Seasonal Unemployment?
Disguised Unemployment Seasonal Unemployment
Occurs when more people are employed in an activity than actually required. Occurs when people cannot find work during specific months of the year.
Marginal productivity of extra workers is zero. Workers remain unemployed during off-peak seasons (e.g., between harvest and sowing).
Mostly seen in rural agricultural smallholdings. Seen in agriculture and seasonal industries like sugarcane/ice factories.
Q2: Why are women employed in low paid work in India?
Answer:
1. Low Skill & Literacy: A large proportion of women have lower education levels and limited technical skill training.
2. Unorganized Sector: Most women work in the unorganized sector where wage rates are low, and job security or maternity benefits are absent.
3. Social Factors: Domestic responsibilities restrict mobility and choice of work hours.
Q3: How does education and health contribute to economic growth?
Answer:
1. Higher Productivity: Educated and skilled workers adopt modern technology faster, increasing productivity.
2. Higher Earnings: Educated individuals command higher wages, lifting family living standards.
3. Reduced Burden: Good health reduces absenteeism and medical expenses, creating an efficient and energetic workforce.
Continue learning with this chapter:
Practice MCQs

How to use these notes

These notes are designed for quick revision and should be used alongside the textbook. Read the chapter once for full understanding, then return here to recall definitions, formulas, key ideas and important examples.

Topics covered on this page

Quick revision tip

Finish one small section, close the page for a moment, and try to recall the main points in your own words. Then check the page again. This simple recall step can make revision more active.

More for this chapter

Class 9 › Social Science (Economics) › People as Resource
Chapter notesRead the chapterPractice MCQsCheck what you rememberChapter test10 questions on one pageOnline testTest 1, 2 and 3, one question at a timePYQPrevious year questionsStudy materialPDF notes
Topics in this chapter: Human Capital & Economic ActivitiesQuality of Population: Education & HealthUnemployment & Its Types