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Other Chapters For 9th

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  • 9th-class English Chapter 27

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  • 9th-class English Chapter 26

    The story is an allegory. It brings out the importance of charity. We learn that love and...
  • 9th-class English Chapter 25

    A guru and his disciple visit that kingdom.They are surprised to find the whole kingdom asleep...

9th Class Chapter No 2 - People as Resource in Economics for CBSE NCERT

People who are part of the workforce are called human resource. By contributing in productivity, the human resource plays a significant role in the economy of a country. Any other resource becomes useful only because of the input by the human resource. Investment in human capital yields a return like investment in other resources. Investment in human capital is done through education, training and healthcare. A person with better education usually earns better than an uneducated person. Moreover, a healthy person is more productive than an unhealthy person. Educated parents understand the value of education and hence invest in their child's education to secure a better future for the child. Educated parents also take extra care of the health and nutrition of their child. This creates a virtuous cycle of creating a better human capital. Uneducated parents are unable to invest on education and healthcare of their children. This creates a vicious cycle in which the coming generation is often forced to remain poor.
Posted in 9th on February 13 2019 at 03:29 PM

CBSE NCERT 9th CLASS Economics OTHER CHAPTERS

  • 9th-class Economics Chapter 4

    Food security means availability, accessibility and affordability of food to all people at all...
  • 9th-class Economics Chapter 3

    Poverty: A general scarcity of basic necessities of life is called poverty. The basic...
  • 9th-class Economics Chapter 1

    The village described in this chapter is somewhat big in size. It is well connected by...

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