Question:
How human capital contributes to Gross National Product by citing two examples?
Answer:
- Green Revolution in India proved that with increase in human capital led to improvement in production technology. Due to this the productivity of scarce land resources increased considerably.
- The tremendous growth of Information technology industry proved the importance of human capital for the development of IT and ITeS services.
People as Resource
Q 1.
What do you mean by the term unemployment?
Q 2.
Define infant mortality rate (IMR)
Q 3.
How is the investment in human resource is similar to any other type of investment?
Q 4.
Name the economic activities covered in the primary sector.
Q 5.
List a few indicators which determine the quality of population?
Q 6.
What is seasonal unemployment?
Q 7.
Why is male literacy rate more than female literacy rate in India?
Q 8.
What do you mean by market activities?
Q 9.
How can a large population be transformed into a productive asset? Name the country which has been invested in human resources.
Q 10.
What are non-economic activities?
Q 11.
What do you mean by disguised unemployment? State an example.
Q 12.
What is 'People as Resource'?
Q 13.
Which aspect of a large population has often be ignored or overlooked?
Q 14.
How human capital contributes to Gross National Product by citing two examples?
Q 15.
What is the role of education in human capital formation?
Q 16.
What is human capital formation?
Q 17.
Why is human resource considered to be the most important resource?
Q 18.
List the two parts of economic activities.
Q 19.
What do you understand by people as a resource?
Q 20.
What is human capital?
Q 21.
Why are women employed in low paid work?
Q 22.
Name the factors on which quality of population depends.
Q 23.
How is human resource different from other resources like land and physical capital?
Q 24.
What is the difference between economic and non-economic activities?
Q 25.
When does population become asset rather a liability?
Q 26.
Define economic activities.
