NCERT Solutions for Class 9 Economics Chapter 2: People as Resource
Understanding how a countrys population becomes its greatest asset is the core theme of the NCERT Class 9 Economics Chapter 2, "People as Resource." This chapter explores the role of education, health, and skill development in transforming human beings into "Human Capital." Below are the essential NCERT solutions and explanations for key topics covered in the chapter.
Key Concepts Explained
Human Resource is a way of referring to a countrys working people in terms of their existing productive skills and abilities. When existing human resource is further developed by becoming more educated and healthy, we call it human capital formation. This is similar to physical capital formation, where investment is made in machines or factories to improve productivity.
Important NCERT Questions and Answers
Q1: What do you understand by 'people as resource'?
'People as resource' refers to the working population of a country in terms of their existing productive skills and abilities. Unlike land or capital, human beings are an asset. When investment is made in human capital through education, training, and medical care, it yields a return in the form of higher incomes and greater productivity.
Q2: How is human resource different from other resources like land and physical capital?
Human resource is superior to other resources like land and physical capital because human beings can make use of these other resources. Land and capital cannot become useful on their own; they require human intelligence and effort to be transformed into productive goods and services.
Q3: What is the role of education in human capital formation?
Education plays a vital role in human capital formation by:
- Increasing an individual's efficiency and productivity.
- Enabling people to access better-paying jobs.
- Opening new horizons for aspirations and developing values of life.
- Contributing to the growth of the society as a whole by creating a knowledgeable workforce.
Q4: What is the role of health in human capital formation?
A healthy person is more likely to realize their potential and the ability to fight against illness. Health is essential because:
- An unhealthy person cannot perform to their full capacity at work.
- It increases the efficiency and productivity of workers.
- It reduces the loss of man-days due to sickness, thereby increasing the overall economic output of the nation.
Q5: What is the difference between economic activities and non-economic activities?
Economic activities add value to the national income. These are performed for monetary gain (e.g., teaching in a school, working in a factory). Non-economic activities are performed for self-consumption or personal satisfaction and do not contribute to the national income (e.g., a mother cooking for her family or a person doing charity work).
Q6: Why are women employed in low-paid work?
Women are often employed in low-paid work due to two main factors: education and skill. Historically, a majority of women have had less access to formal education and vocational training compared to men. Consequently, they tend to be employed in the unorganized sector where job security is low, legal protection is minimal, and wages are significantly lower.
Summary of the Chapter
The chapter concludes that the quality of population depends on the literacy rate, life expectancy, and skill formation acquired by the people. Countries like Japan have invested heavily in human capital despite lacking natural resources, proving that education and health are the pillars of a strong economy. By ensuring proper investment in these areas, a nation can convert its population into a productive asset rather than a burden.
Reference Files For NCERT Solutions For 9th Class Economics Chapter 2 People As Resource
File Name
ncert_solutions_for_9th_class_economics___chapter_2_people_as_resource.pdf
File Size
0.30 MB
File Type
PDF
File Site
Description
This file is just a reference file for NCERT Solutions For 9th Class Economics Chapter 2 People As Resource. Does not guarantee that the specific things you want are included in it.
Direct download (wait 10 seconds)
NCERT Solutions For 9th Class Economics Chapter 2 People As Resource and Reference File Do...
Admin
2026-06-11 19:50:16
NCERT Solutions For Class 9 Social Science Economics Chapter 1 The Story Of Village Palamp...
Admin
2026-06-07 23:16:12
NCERT Solutions For Class 10 Economics Chapter 3 Money And Credit and Reference File Downl...
Admin
2026-06-11 19:56:10
NCERT Exemplar Solutions For CBSE Class 12 Biology Chapter 14 Ecosystem and Reference File...
Admin
2026-06-06 22:06:16
NCERT Solutions For Class 12 Biology Chapter 14 Ecosystem and Reference File Download Link
Admin
2026-06-06 22:14:10
We use cookies to enhance your browsing experience and analyze site traffic. By clicking 'Accept all cookies', you agree to the use of these cookies. You can manage your preferences or learn more in our [Privacy Policy/Cookie Policy.
