Wired Faculty-
Call Us
+91 8076753736 -
Send us an Email
[email protected]
People As Resource
Question
Observing the photograph can you describe how a doctor, teacher, engineer and a tailor are an asset to the economy?
Solution
A doctor, teacher, engineer and a tailor are an asset to the economy because all of them do human capital formation through their work.
(i)A doctor cures the patients and makes them able to do work.
(ii)A teacher enables the people to read, write and understand. By this process they become able to get work in the different fields.
(iii)An engineer formulates human capital by making roads, bridges and building.
(iv)A tailor converts cloth into different wears to the people.
Thus all of them contribute to the economic development of the country.
Sponsor Area
Some More Questions From People As Resource Chapter
How will you explain the term unemployment?
What is the difference between disguised unemployment and seasonal unemployment?
Why is educated unemployment, a peculiar problem of India?
In which field do you think India can build the maximum employment opportunity? Explain.
Can you suggest some measures in the education system to mitigate the problem of the educated unemployed?
Can you imagine some village which initially had no job opportunities but later came up with many?
Which capital would you consider the best—land, labour, physical capital and human capital? Why?
Population can be as ______________ for the economy.
In which field the investment formulates human capital?
Which do indicate the Human capital formation in India?
Mock Test Series
Sponsor Area