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People as Resource

Social Science (2025-26) · CBSE Class 9 · English Medium · 18 questions and answers

Sample questions

Q: What is meant by 'people as resource'?
A: It is a way of viewing a country's population as a productive asset in terms of its skills and abilities, rather than as a burden.
Q: What is human capital?
A: The stock of skill, knowledge, and good health present in a population that can be used to produce goods and services.
Q: Name the three sectors that classify economic activities.
A: The primary sector (agriculture, mining), the secondary sector (manufacturing), and the tertiary sector (services).
Q: What is the difference between market and non-market activities?
A: Market activities are done for pay or profit, while non-market activities are for self-consumption, such as a homemaker cooking for the family.
Q: What is meant by investment in human capital?
A: Spending on education, training, and health that raises people's productivity and future earnings, similar to investing in physical capital.

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