Class 9 Social Science - BIHAR
People as Resource
The chapter People as Resource in Class 9 Economics helps students understand how population can become an asset for the economy rather than a liability through education, training, and healthcare. It explores the concepts of human capital formation, economic activities carried out by men and women, and the severe problems of unemployment and poverty in India. For Bihar (BSEB) board exams, this chapter is crucial as it forms the basis of economic development and human resource chapters in higher classes, frequently appearing in both objective and short-answer questions.
Start Learning FreeKey Concepts
People as Resource
It refers to a country's working-age population in terms of their existing productive skills and abilities that contribute to the Gross National Product (GNP).
Human Capital Formation
When the existing human resource is further developed by spending on education, training, and healthcare, it is called human capital formation.
Economic Activities
Activities that add value to the national income are called economic activities, divided into primary (agriculture), secondary (manufacturing), and tertiary (services) sectors.
Unemployment
A situation where people who are willing to work at the prevailing wage rate cannot find jobs, leading to wastage of human resource.
Seasonal and Disguised Unemployment
Seasonal unemployment occurs during certain months of the year, while disguised unemployment happens when more people are engaged in a job than actually required.
Important Formulas
Board Exam Info
In Bihar (BSEB) Class 9 Social Science exams, this chapter typically carries around 4 to 6 marks. Questions usually include objective type (MCQs), short-answer questions on the difference between economic and non-economic activities, and long-answer questions explaining the role of education and health in human capital formation.
Frequently Asked Questions
How does population turn from a liability into an asset?
Population becomes an asset when investments are made in education, skill development, and healthcare, transforming people into human capital.
What is the difference between disguised unemployment and seasonal unemployment?
Seasonal unemployment happens in specific agricultural seasons when there is no work, whereas disguised unemployment occurs when extra people work on a task even though their removal does not affect total production.
Why are women often employed in low-paid jobs?
Due to lower levels of education and lack of proper skill training, many women end up working in the unorganized sector where wages are low and job security is absent.
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