Courses
Courses for Kids
Free study material
Offline Centres
More
Store Icon
Store

NCERT Solutions for Class 9 Economics Chapter 2 People As Resource

ffImage

NCERT Solutions for Class 9 Economics Chapter 2 Questions and Answers - FREE PDF Download

Unlock the comprehensive study with Vedantu through the Class 9 Economics Chapter 2 Questions and Answers PDF. This gives access to our People As Resource Class 9 PDF, elucidating fundamental principles crucial for understanding the subject's intricacies with Class 9 Economics NCERT Solutions.

toc-symbol
Table of Content
1. NCERT Solutions for Class 9 Economics Chapter 2 Questions and Answers - FREE PDF Download
2. Glance on NCERT Solutions For Class 9 Economics Chapter 2 People As Resource
3. Access NCERT Solutions for Class 9 Economics Chapter 2 People As Resource
4. Topics Covered in Class 9 Economics Chapter 2 People As Resource
5. Benefits of NCERT Solutions For Class 9 Economics Chapter 2 People As Resource
6. NCERT Solutions for Class 9 Economics - Other Chapter-wise Links for FREE PDF
7. Related Important Links for Class 9 Economics
FAQs


By accessing Class 9 Economics Chapter 2 questions and answers, students gain comprehensive insights into the core concepts. The chapter 'People as Resource' is an effort to explain the population as an asset for the economy rather than a liability. 'People as Resource' is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Check out the revised Class 9 social science syllabus and start practising social science People As Resource Class 9 Chapter 2 question answer.


Glance on NCERT Solutions For Class 9 Economics Chapter 2 People As Resource

  • NCERT Solution for Economics Class 9 Economics Chapter 2 People as resource explains the concept of human resources, referring to a country's workforce and their skills and abilities. 

  • It emphasises that a population becomes an asset when invested in through education, training, and healthcare.

  • This chapter compares human capital (skills and knowledge) with physical capital (buildings, machinery) and highlights the importance of both for economic growth.

  • Students can explore the role of education, health, and training in developing a skilled workforce.

  • Emphasises the importance of education in enhancing individual productivity and national economic growth. It discusses how education fosters personality development and national consciousness.

  • Explores the connection between good health and a productive workforce. A healthy population has the potential to work harder and contribute more to the economy.

  • This chapter introduces the three main sectors of the economy - primary (agriculture), secondary (industries), and tertiary (services) - and explains how human resources play a role in each.

Access NCERT Solutions for Class 9 Economics Chapter 2 People As Resource

1. What do you understand about ‘People as a Resource’?

Ans. ‘People as a Resource’ refers to the working population of the country in terms of their existing productive skills and abilities.


2. How are human resources different from other resources like land and physical capital? 

Ans. Human resources use other resources, such as land and physical capital, to create an output. The other resources aren't going to be useful on their own. This is why human resources are thought to be superior to other resources. Human resources play an important role in a country's economy by increasing productivity.


3. What is the role of education in human capital formation?

Ans. The most important component of human resource development is education. The following are the roles of education in the formation of human capital.

  1. This human capital can be formed through proper education and training. A well-educated population is a valuable resource.

  2. Education increases the quantity and quality of individual productivity, which contributes to economic growth.

  3. Education fosters personality and a sense of national consciousness among the people, both of which are necessary for rapid economic growth.

  4. Education not only contributes to an individual's development but also to the development of society holistically.


4. What is the role of health in human capital formation?

Ans: In the development of human capital, health is crucial. A healthy person has a better chance of reaching his full potential and being a valuable asset to the economy. A sick person is less likely to reach his full potential and can become a financial liability.


5. What part does health play in the individual’s working life? 

Ans: An individual's health allows him to realise his full potential and also gives him the ability to fight illness. An unhealthy employee is a liability to his employer. A person's health is directly related to his productivity. When compared to an unhealthy person, a healthy person can work more efficiently and productively. A healthy person outperforms an unhealthy person in terms of productivity.


6. What are the various activities undertaken in the primary sector, secondary sector and tertiary sector?

Ans: Economic activities are classified into three types:

Primary Sector: The primary sector includes activities involving the extraction and production of natural resources. This sector's activities include agriculture, forestry, animal husbandry, fishing, poultry farming, mining, and quarrying.

Secondary Sector: Manufacturing is referred to as a secondary activity. Natural resources are properly modified in the secondary activity. Light manufacturing, food processing, oil refining, and energy production are examples of the secondary sectors.

Tertiary Sector: Tertiary activities are economic activities that support both primary and secondary activities. Trade, transport, communication, banking, education, tourism, insurance, etc., are examples of tertiary activities.


 7. What is the difference between economic activities and non-economic activities? 

Ans: Economic activities are defined as activities that add value to the national income.

These are divided into two categories:

  1. Market activities: production for pay or profit. 

  2. Non-market activities: production for self-consumption.

Non-economic activities are those that do not contribute to national income, such as a person doing household chores.


8. Why are women employed in low-paid work?

Ans: Education and skill are the two most important determinants of a person's earnings in the market. Women are generally denied the education and skills needed to contribute to the national income as a result of gender discrimination. As a result, the majority of women have limited education and skill development. One of the reasons they are paid less than men is because of this.


9. How will you explain the term unemployment?

Ans: Unemployment is a situation when a person who is actively looking for work is unable to find work.

An individual is considered unemployed if he or she is a member of a country's labour force and is capable and willing to work for pay but is unable to do so.


10. What is the difference between disguised unemployment and seasonal unemployment?

Ans: Disguised unemployment: occurs when there are more people working in a job than are actually needed. For example, if eight people are involved in an agricultural activity but the work/activity actually requires the services of five people, then three people are extra. If these three people out of eight are removed, total production will not be affected.


Seasonal unemployment: Seasonal unemployment occurs when people are only able to find work during certain months of the year. Agricultural labourers, for example, find work only during peak seasons, such as sowing, harvesting, weeding, and threshing. This is due to the seasonal nature of agriculture in India.


11. Why is the educated unemployed a peculiar problem of India? 

Ans: Educated unemployment refers to the situation in which a large number of young people with matriculation, graduation, and post-graduation degrees are unable to find suitable employment.


India has a large population, and a large number of people graduate from schools and colleges each year. The number of educated people graduating from educational institutions is not keeping up with the number of jobs available in various sectors. As a result, educated unemployed people are a distinctive problem in India.


12. In which field do you think India can build the maximum employment opportunity? 

Ans: India can create the most job opportunities in the agricultural sector and related industries. Agriculture is the economy's most labour-intensive industry.


When agricultural products are packaged in an efficient and high-quality manner, it can create a large number of employment opportunities.


13. Can you suggest some measures in the education system to mitigate the problem of the educated unemployed?

Ans: Measures in the education system to address the issue of educated unemployed:

  1. Make secondary education more career-oriented, providing individuals with not only education but also the necessary skills for gaining successful employment.

  2. Create a sort of screening process in which each individual selects subjects that are appropriate for his or her abilities.

  3. The introduction of newer subjects and fields of study at the secondary level should be accompanied by an increase in job opportunities in the sectors that will employ students who choose to study such subjects.


14. Can you imagine some village which initially had no job opportunities but later came up with many?

Ans: This question requires students to respond using personal experience.


15. Which capital would you consider the best — land, labour, physical capital or human capital? Why?

Ans: The best resource after land, labour, physical capital, and human capital is human capital. This is because only humans can employ other resources and obtain beneficial results from them; other resources cannot be used independently.


Topics Covered in Class 9 Economics Chapter 2 People As Resource

S.No.

Economics Chapter 2 Class 9  People As Resource

1

Understanding People as a Resource

2

Human Capital vs. Physical Capital

3

Factors Affecting Human Capital Formation

4

Quality of Population

5

Education

6

Health

7

Sectors of the Economy

8

Economic Activities vs. Non-Economic Activities



Benefits of NCERT Solutions For Class 9 Economics Chapter 2 People As Resource

  • The Economics Class 9 Chapter 2 Question Answers are prepared by top teachers at Vedantu, ensuring their reliability and quality.

  • It emphasises that a population becomes an asset when invested in education, training, and healthcare,  facilitating easy syllabus revision before exams.

  • This chapter compares human capital (skills and knowledge) with physical capital (buildings, machinery) and highlights the importance of both for economic growth,  ensuring their quality and easy preparation.

  • These NCERT Class 9 Economics Chapter 2 questions and answers cover all the important topics and sub-topics of the chapter, providing students with a comprehensive understanding and facilitating effective revision.

  • The solutions of People As Resource Economics Class 9 Chapter 2 Question Answers are aligned with the updated CBSE guidelines for Class 9, enabling students to confidently answer all questions that may appear in the exam.

  • Vedantu offers the best NCERT Solutions for Class 9th Economics Chapter 2 question answers, providing comprehensive support for students' self-study needs.

  • In addition to the solutions, Vedantu's subject experts provide important questions for NCERT Class 9 Economics Chapter 2, facilitating easy syllabus revision before exams.


Along with NCERT Solutions for Class 9 Chapter 2 People as Resource, students can check and refer to Class 9 People As Resource Revision Notes and People As Resource Important Questions for effective learning.


Conclusion 

Vedantu's Class 9 Economics Chapter 2 Questions and Answers PDF provides a valuable resource for students seeking a comprehensive understanding of the subject. With Class 9 Economics Chapter 2, students can effectively revise the key concepts and topics covered in the chapter. The Class 9th Economics Chapter 2 question answers are meticulously crafted, ensuring accuracy and clarity in explanations. Students can rely on Vedantu's NCERT Solutions to enhance their knowledge, clarify doubts, and confidently prepare for exams.


NCERT Solutions for Class 9 Economics - Other Chapter-wise Links for FREE PDF

Dive into our FREE PDF links offering chapter-wise NCERT solutions prepared by Vedantu Experts, to help you understand and master the social concepts.


S.No.

NCERT Solutions Class 9 Social Science (Economics) Other Chapter-Wise List

1

Chapter 1 - The Story of Village Palampur

2

Chapter 3 - Poverty as a Challenge

3

Chapter 4 - Food Security in India



Related Important Links for Class 9 Economics

FAQs on NCERT Solutions for Class 9 Economics Chapter 2 People As Resource

1. What is Seasonal Unemployment?

Particular strata of society are faced with the predicament of unemployment during certain months of the year. These people either are left in-between jobs or are unemployed. Seasonal unemployment is a period when the demand for labour in a workforce is lower than normal. For example, a farmer or agriculturist occupies himself mainly in the process of sowing, harvesting, weeding, and threshing of crops. During the interim time, they are left to tend to the fields or take up other occupations to support their livelihood. Seasonal unemployment is a major factor in our country and has rendered several farmers unemployed for extended periods.

2. The Major Concern in India is the Low Rate of Employment of Educated Citizens. Justify from class 9 economics chapter 2?

Educated unemployment is one of the major millennial problems. It is described as the unemployment of matriculated, graduated, and postgraduate individuals in their specialized fields of interest. A major population of the youth in India graduate every year and are released into the economic market. They learn to develop necessary survival skills to compete in a career-driven environment. The employment generation in various sectors cannot keep up with the ever-increasing amount of graduates from educational institutions. Due to this, educated unemployment is a peculiar situation faced in India.

3. How will you explain the term unemployment?

According to Chapter 2 of Class 9 Economics, unemployment is a condition where people within a certain age group are not involved in a paid employment or service and still looking for an opportunity to be a part of any paid service. Unemployment is categorized into several parts - Demand Deficient, Frictional, Structural, and Voluntary Unemployment. People are unemployed due to many reasons including lack of opportunities, not able to fulfil the skills needed, or voluntarily staying unemployed.

4. In which field do you think India can build the maximum employment opportunity?

Agriculture is the oldest way of employment in India. It was the first option where employment began. India can build maximum employment in the field of agriculture and its related areas. Daily new advancements are coming in the agriculture sector to strengthen the crop quality and speed up the process. Agriculture and its related activities require the most employment. India can indulge the brain and willpower of youth in the agriculture sector to increase the productivity of qualified crops.

5. Which are the important topics in Chapter 2 of the NCERT Solutions for Class 9 Economics?

Following are the important topics with the type of questions you will come across in the exam from NCERT Solutions for Class 9 Economics Chapter 2:

  • Literacy rate for the economic development of a society - 1 short answer type question and 1 long answer type question

  • Health infrastructure for better disease management - 1 long answer type question

  • The problem of unemployment - 1 short answer type question and 1 long answer type question.

6. Why must students download the NCERT Solutions for Class 9 Economics Chapter 2 from Vedantu?

Students want solutions from which they can easily understand the concepts, the questions, and how to solve and write the solutions for them. Vedantu provides you with a systematic format for each question where you can easily understand the language and meaning of the question as well as its solution. You will get an idea of how to prepare your solution and what information is compulsory to add to the answer to score good marks. Moreover, the solutions are free of cost and can be a huge boon for the students. The solutions are also available on the Vedantu Mobile app, which makes them convenient and portable. The solutions can be accessed on the link, NCERT Solutions for Class 9 Economics Chapter 2.

7. What is the importance of employment in any country as discussed in class 9 economics chapter 2?

Employment helps in the development of a country. If most of the people are employed in a country, the progress rate of that country will be high as the government will use the money in developing good and better infrastructure. New opportunities will arise, allowing more people to get encouraged to earn and provide a good livelihood for themselves and their families.

8. What is the concept of 'People as Resource' in economics in class 9 economics ch 2 question answer?

The concept refers to a country's working population and their skills and abilities. A healthy and well-educated population becomes a valuable asset for the economy.

9. How are NCERT Solutions helpful for understanding this chapter in class 9 economics ch 2 question answer?

The solutions provide clear explanations and examples to break down complex concepts like human capital formation and its role in economic growth.

10. What are the key factors affecting human capital formation in class 9th economics chapter 2 question answer?

The main factors include in class 9 economics ch 2 question answer:

  • Education: Developing skills and knowledge through schooling and training.

  • Health: Maintaining a healthy population through proper healthcare and nutrition.

  • Training: Providing specific skills required for different jobs and industries.