NCERT Solutions for Class 9 Social Science
Chapter 2 People as Resource
Question 1. Page No. 27
NCERT Academic Session 2023-2024
Description:
Resources are materials, assets, or factors used to achieve goals. They include natural (land, water), human-made (machinery), and human resources (skills), crucial for production and development in economics.
Here are the key points regarding the concept of ‘people as a resource’:
– Human Capital: People are viewed as valuable assets, possessing skills, knowledge, and abilities.
– Investment in Human Potential: Emphasizes investing in education, healthcare, and skill development.
– Productivity and Growth: Enhancing human capabilities leads to increased productivity and economic growth.
– Innovation and Development: Individuals contribute to innovation, technological advancements, and overall societal development.
– Economic Contribution: People as a resource drive economic progress and are essential for a nation’s development.