Very Short Answer Questions
Answer should not exceed 30 words.
1. What do you understand by ‘People as a Resource’?
View Answer‘People as a Resource’ is a way of referring to a country’s working in terms of their existing productive skills and abilities.
2. What is the negative side of population?
View AnswerAns. With overpopulation, country faces the problem of providing food, education and health facilities to more people.
3. What is human capital formation?
View AnswerAns. When human resource is developed by becoming more educated and healthy, it is called human capital formation.
4. How is human capital superior to other resources?
View AnswerAns. Human resource can make use of land and capital but land and capital cannot become useful on its own.
5. Name an Asian country which has invested in human resource.
View AnswerAns. Japan
6. Name the sector with which agriculture is associated.
View AnswerAns. Primary Sector.
7. What do you mean by economic activities?
View AnswerAns. Economic activities means the production, distribution and consumption of commodities. The primary aim of the economic activity is the production of goods and services with a view to make them available to consumer.
8. Which activity is associated with the tertiary sector? Name any one of them.
View AnswerAns. Trade, transport and banking
9. In which sector, manufacturing is included?
View AnswerAns. Manufacturing is an activity of secondary sector.
10. Which are the major determinants of the earning of any individual in the market?
View AnswerAns. Education and skill are the major determinants of the earning of any individual in the market.
11. Mention the factors responsible for the quality of population in a country.
View AnswerAns. (i) Literacy rate
(ii) Health
(iii) Skill
12. How much plan outlay on education has increased from first plant to eleventh plan?
View AnswerAns. The play outlay on education has increased from Rs 151 crore in the first plan to Rs 3766.90 crore in the eleventh plan.
13. Which state has the highest literacy rate in India?
View AnswerAns. Kerala – 93.91% in 2011
14. Which four states have maximum medical colleges in India?
View AnswerAns. Four states – Karnataka, Andhra Pradesh, Tamil Nadu and Maharashtra.
15. Which people do face seasonal unemployment?
View AnswerAns. People dependent on agriculture usually face seasonal unemployment.
16. What are the bad effects of unemployment? State any one.
View AnswerAns. (i) Unemployment leads to wastage of manpower resource.
(ii) People who are an asset for the economy turn into a liability. There is a feeling of hopelessness and despair among the youth.
Short Answer Questions
Answer to these questions should exceed 80 words each.
1. How can a large population as in India need not be a burden for the economy and can be turned into a productive asset? Give example.
View AnswerAns. (i) For many decades in India, a large population has been considered a liability rather than an asset.
(ii) It however, need not be a burden for economy.
(iii) It can be turned into a productive asset by investment in human capital, for example by spending resources on education and health for all, training of industrial and agricultural workers in the use of modern technology, useful scientific researches and so on.
2. “Japan did not have any natural resource but has become a developed country”. Why?
View AnswerAns. (i) It is a fact that Japan did not have any natural resource but has become rich and developed.
(ii) It has invested on people especially in the field of education and health. These people in turn have made efficient use of other resources like land and capital.
(iii) Efficiency and technology evolved by the people have made Japan rich and developed. So there is great importance for investment in education and health.
3. Distinguish between market and non-market activities.
View AnswerAns. (i) Market activities: Market activities involve remuneration to anyone who performs i.e., activity performed for pay or profit. These include production of goods or services including government service.
(ii) Non-market activities: Non-market activities are the production for self-consumption. These can be consumption and processing of primary product and own account production of fixed assets.
4. How various activities have been classified into sectors? State with examples.
View AnswerAns. Three sectors as mentioned below:
(i) Primary sector: It includes agriculture, forestry, poultry farming, mining and quarrying.
(ii) Secondary sector: It includes manufacturing.
(iii) Tertiary sector: It includes trade, transport, communication, banking, education, health, tourism, services, insurance, etc.
5. In India female work force participation is very low. Explain the reasons.
View AnswerAns. The reasons are as mentioned below:
(i) A majority of women have meagre education and low skill formation
(ii) Women are forced to work where there is no security of job
(iii) Various activities relating to legal protection is meagre.
(iv) In most of the cases women are appointed on irregular basis and low income
(v) They are not given the benefits such as maternity leave, child care etc.
6. Describe the main features of the Sava Siksha Abhiyan.
View AnswerAns. (i) Aim is to provide elementary education to all children in the age group of 6 to 14 years by 2010.
(ii) It is a time-bound initiative of the Central Government, in partnership with the states, the local government and the community for achieving the goal of universalization of elementary education.
(iii) Introduction of bridge courses and back-to-school camps to increase the enrolment in elementary education.
(iv) Mid-day meal scheme has been implemented to encourage attendance and retention of children and improve their nutritional status.
7. What is the impact of unemployment on the overall growth of an economy?
View AnswerAns. (i) Increase in unemployment is an indicator of a depressed economy.
(ii) It also wastes the resource, which could have been gainfully employed.
(iii) If people cannot be used as a resource they naturally appear as a liability to the economy.
8. Explain the employment scenario in the three sectors of economic activities.
View AnswerAns. The employment scenario in the three sectors is as mentioned below:
(i) Agriculture sector:
(a) It is the most labour absorbing sector of the economy.
(b) In recent years, there has been a decline in the dependence of population on agriculture partly because of disgusted employment.
(c) Some of the surplus labour in agriculture has moved to either the secondary or the tertiary sector.
(ii) Secondary Sector: In it small scale manufacturing is the most labour absorbing.
(iii) Tertiary sector: In this sector various new services are appearing like bio-technology, information technology etc.
9. Describe the characteristics of the employment structure in the primary sector.
View AnswerAns. (i) The employment structure in the primary sector is characterized by self-employment.
(ii) The whole family contributes in the field even though not everybody is really needed. So there is disguised unemployment in the agriculture sector
Correct the following statements and rewrite
1. Population is transformed into human capital with the provision of financial assets.
View AnswerAns. Population is transformed into human capital with the provision of education, training and medical care.
2. Human resource like land and capital cannot become useful on its own.
View AnswerAns. Human resource unlike land and capital can be useful on its own and can make use of land and capital.
3. Market activities involve the relationship between demand and supply.
View AnswerAns. Market activities involve remuneration to anyone who performs in production of goods or services.