Learn why people are important for our country’s growth with our easy Q&A guide. Find out why education and health are important and how people can help the economy. Our guide has simple explanations and includes Hindi meanings for hard words. Get this guide now to do well in your studies!
1. What do you understand by ‘people as a resource’?
- ‘People as a resource’ (рд╕рдВрд╕рд╛рдзрди рдХреЗ рд░реВрдк рдореЗрдВ рд▓реЛрдЧ) refers to the idea that people are an important asset (рдкреВрдВрдЬреА) and can contribute to the economy and society through their skills (рдХреМрд╢рд▓), abilities (рдХреНрд╖рдорддрд╛рдПрдВ), and knowledge (рдЬреНрдЮрд╛рди). When people are healthy (рд╕реНрд╡рд╕реНрде), educated (рд╢рд┐рдХреНрд╖рд┐рдд), and skilled, they can enhance productivity (рдЙрддреНрдкрд╛рджрдХрддрд╛) and development (рд╡рд┐рдХрд╛рд╕).
2. How is human resource different from other resources like land and physical capital?
- Human resources (рдорд╛рдирд╡ рд╕рдВрд╕рд╛рдзрди) consist of people who contribute through their skills (рдХреМрд╢рд▓) and abilities (рдХреНрд╖рдорддрд╛рдПрдВ), whereas land (рднреВрдорд┐) and physical capital (рднреМрддрд┐рдХ рдкреВрдВрдЬреА) are tangible assets (рдареЛрд╕ рд╕рдВрдкрддреНрддрд┐). Land refers to natural resources (рдкреНрд░рд╛рдХреГрддрд┐рдХ рд╕рдВрд╕рд╛рдзрди), and physical capital includes machinery (рдорд╢реАрдирд░реА), buildings (рдЗрдорд╛рд░рддреЗрдВ), and infrastructure (рдмреБрдирд┐рдпрд╛рджреА рдврд╛рдВрдЪрд╛). Human resources can innovate (рдирд╡рд╛рдЪрд╛рд░), adapt (рдЕрдиреБрдХреВрд▓рди), and grow (рд╡рд┐рдХрд╕рд┐рдд), making them unique.
3. What is the role of education in human capital formation?
- Education (рд╢рд┐рдХреНрд╖рд╛) plays a crucial role in human capital formation (рдорд╛рдирд╡ рдкреВрдВрдЬреА рдирд┐рд░реНрдорд╛рдг) by providing individuals with knowledge (рдЬреНрдЮрд╛рди), skills (рдХреМрд╢рд▓), and values (рдореВрд▓реНрдп). This enhances their productivity (рдЙрддреНрдкрд╛рджрдХрддрд╛), efficiency (рдХрд╛рд░реНрдпрдХреНрд╖рдорддрд╛), and ability to contribute to the economy (рдЕрд░реНрдерд╡реНрдпрд╡рд╕реНрдерд╛) and society. Education also leads to better job opportunities (рдиреМрдХрд░реА рдХреЗ рдЕрд╡рд╕рд░) and higher incomes (рдЙрдЪреНрдЪ рдЖрдп).
4. What is the role of health in human capital formation?
- Health (рд╕реНрд╡рд╛рд╕реНрдереНрдп) is vital in human capital formation (рдорд╛рдирд╡ рдкреВрдВрдЬреА рдирд┐рд░реНрдорд╛рдг) as it affects a person’s ability to work (рдХрд╛рдо рдХрд░рдиреЗ рдХреА рдХреНрд╖рдорддрд╛) and be productive (рдЙрддреНрдкрд╛рджрдХ). Good health improves life expectancy (рдЬреАрд╡рди рдкреНрд░рддреНрдпрд╛рд╢рд╛), reduces absenteeism (рдЕрдиреБрдкрд╕реНрдерд┐рддрд┐), and increases the capacity to learn (рд╕реАрдЦрдиреЗ рдХреА рдХреНрд╖рдорддрд╛) and work efficiently (рд╕рдХреБрд╢рд▓рддрд╛ рд╕реЗ рдХрд╛рдо рдХрд░рдирд╛).
5. What part does health play in the individualтАЩs working life?
- Health (рд╕реНрд╡рд╛рд╕реНрдереНрдп) is essential in an individual’s working life (рдХрд╛рд░реНрдп рдЬреАрд╡рди) as it impacts their productivity (рдЙрддреНрдкрд╛рджрдХрддрд╛) and efficiency (рдХрд╛рд░реНрдпрдХреНрд╖рдорддрд╛). Healthy individuals are more likely to perform better (рдЕрдЪреНрдЫрд╛ рдкреНрд░рджрд░реНрд╢рди рдХрд░рдирд╛), take fewer sick leaves (рдХрдо рдмреАрдорд╛рд░реА рдХреА рдЫреБрдЯреНрдЯрд┐рдпрд╛рдБ), and have higher energy levels (рдЙрдЪреНрдЪ рдКрд░реНрдЬрд╛ рд╕реНрддрд░), contributing to overall economic growth (рд╕рдордЧреНрд░ рдЖрд░реНрдерд┐рдХ рд╡рд┐рдХрд╛рд╕).
6. What are the various activities undertaken in the primary sector, secondary sector, and tertiary sector?
- Primary sector (рдкреНрд░рд╛рдердорд┐рдХ рдХреНрд╖реЗрддреНрд░): Activities include agriculture (рдХреГрд╖рд┐), fishing (рдордЫрд▓реА рдкрдХрдбрд╝рдирд╛), forestry (рд╡рдиреНрдп рдХрд╛рд░реНрдп), and mining (рдЦрдирди).
- Secondary sector (рдорд╛рдзреНрдпрдорд┐рдХ рдХреНрд╖реЗрддреНрд░): Activities include manufacturing (рдЙрддреНрдкрд╛рджрди), construction (рдирд┐рд░реНрдорд╛рдг), and production (рдЙрддреНрдкрд╛рджрди).
- Tertiary sector (рддреГрддреАрдпрдХ рдХреНрд╖реЗрддреНрд░): Activities include services (рд╕реЗрд╡рд╛рдПрдВ) such as healthcare (рд╕реНрд╡рд╛рд╕реНрдереНрдп рд╕реЗрд╡рд╛), education (рд╢рд┐рдХреНрд╖рд╛), banking (рдмреИрдВрдХрд┐рдВрдЧ), and retail (рдЦреБрджрд░рд╛).
7. What is the difference between economic activities and non-economic activities?
- Economic activities (рдЖрд░реНрдерд┐рдХ рдЧрддрд┐рд╡рд┐рдзрд┐рдпрд╛рдБ) are those that involve the production (рдЙрддреНрдкрд╛рджрди) and distribution (рд╡рд┐рддрд░рдг) of goods (рд╕рд╛рдорд╛рди) and services (рд╕реЗрд╡рд╛рдПрдВ) for monetary gain (рдЖрд░реНрдерд┐рдХ рд▓рд╛рдн), like working in a factory (рдХрд╛рд░рдЦрд╛рдиреЗ рдореЗрдВ рдХрд╛рдо рдХрд░рдирд╛) or running a shop (рджреБрдХрд╛рди рдЪрд▓рд╛рдирд╛). Non-economic activities (рдЧреИрд░-рдЖрд░реНрдерд┐рдХ рдЧрддрд┐рд╡рд┐рдзрд┐рдпрд╛рдБ) are those performed out of love (рдкреНрд░реЗрдо), affection (рд╕реНрдиреЗрд╣), or social obligation (рд╕рд╛рдорд╛рдЬрд┐рдХ рджрд╛рдпрд┐рддреНрд╡) without any financial reward (рдЖрд░реНрдерд┐рдХ рд▓рд╛рдн), like household chores (рдШрд░реЗрд▓реВ рдХрд╛рдо) or volunteering (рд╕реНрд╡рдпрдВрд╕реЗрд╡рд╛).
8. Why are women employed in low paid work?
- Women (рдорд╣рд┐рд▓рд╛рдПрдВ) are often employed in low-paid work (рдХрдо рд╡реЗрддрди рд╡рд╛рд▓рд╛ рдХрд╛рдо) due to various reasons such as gender discrimination (рд▓рд┐рдВрдЧ рднреЗрджрднрд╛рд╡), lower education levels (рдХрдо рд╢рд┐рдХреНрд╖рд╛ рд╕реНрддрд░), limited access to better job opportunities (рдмреЗрд╣рддрд░ рдиреМрдХрд░реА рдХреЗ рдЕрд╡рд╕рд░реЛрдВ рддрдХ рд╕реАрдорд┐рдд рдкрд╣реБрдВрдЪ), and societal norms (рд╕рд╛рдорд╛рдЬрд┐рдХ рдорд╛рдирджрдВрдб) that undervalue their work (рдЙрдирдХреЗ рдХрд╛рдо рдХреЛ рдХрдо рдЖрдВрдХрдирд╛).
9. How will you explain the term unemployment?
- Unemployment (рдмреЗрд░реЛрдЬрдЧрд╛рд░реА) refers to the situation where individuals who are capable (рд╕рдХреНрд╖рдо) and willing to work (рдХрд╛рдо рдХрд░рдиреЗ рдХреЛ рдЗрдЪреНрдЫреБрдХ) do not find any job or employment opportunity (рд░реЛрдЬрдЧрд╛рд░ рдХрд╛ рдЕрд╡рд╕рд░). It indicates the mismatch (рдЕрд╕рдВрддреБрд▓рди) between the labor supply (рд╢реНрд░рдо рдЖрдкреВрд░реНрддрд┐) and demand (рдорд╛рдВрдЧ) in the job market (рдиреМрдХрд░реА рдХрд╛ рдмрд╛рдЬрд╛рд░).
10. What is the difference between disguised unemployment and seasonal unemployment?
- Disguised unemployment (рдкреНрд░рдЪреНрдЫрдиреНрди рдмреЗрд░реЛрдЬрдЧрд╛рд░реА): Occurs when more people are employed than necessary (рдЖрд╡рд╢реНрдпрдХрддрд╛ рд╕реЗ рдЕрдзрд┐рдХ рд▓реЛрдЧ рд░реЛрдЬрдЧрд╛рд░ рдореЗрдВ рд╣реИрдВ), and even if some are removed, the overall productivity does not change (рдХреБрд▓ рдЙрддреНрдкрд╛рджрдХрддрд╛ рдореЗрдВ рдмрджрд▓рд╛рд╡ рдирд╣реАрдВ рд╣реЛрддрд╛).
- Seasonal unemployment (рдореМрд╕рдореА рдмреЗрд░реЛрдЬрдЧрд╛рд░реА): Occurs when people are unemployed at certain times of the year (рд╕рд╛рд▓ рдХреЗ рдХреБрдЫ рд╕рдордп рдореЗрдВ рдмреЗрд░реЛрдЬрдЧрд╛рд░) due to the seasonal nature of their jobs (рдЙрдирдХреЗ рдХрд╛рдо рдХреА рдореМрд╕рдореА рдкреНрд░рдХреГрддрд┐), like in agriculture (рдХреГрд╖рд┐) or tourism (рдкрд░реНрдпрдЯрди).
11. Why is educated unemployment a peculiar problem of India?
- Educated unemployment (рд╢рд┐рдХреНрд╖рд┐рдд рдмреЗрд░реЛрдЬрдЧрд╛рд░реА) is a peculiar problem in India due to the mismatch (рдЕрд╕рдВрддреБрд▓рди) between the education system (рд╢рд┐рдХреНрд╖рд╛ рдкреНрд░рдгрд╛рд▓реА) and the job market (рдиреМрдХрд░реА рдХрд╛ рдмрд╛рдЬрд╛рд░). Many graduates do not have the skills required by employers (рдирд┐рдпреЛрдХреНрддрд╛рдУрдВ рджреНрд╡рд╛рд░рд╛ рдЖрд╡рд╢реНрдпрдХ рдХреМрд╢рд▓), leading to a high number of educated individuals without suitable employment (рдЙрдкрдпреБрдХреНрдд рд░реЛрдЬрдЧрд╛рд░ рдХреЗ рдмрд┐рдирд╛ рд╢рд┐рдХреНрд╖рд┐рдд рд╡реНрдпрдХреНрддрд┐рдпреЛрдВ рдХреА рдЙрдЪреНрдЪ рд╕рдВрдЦреНрдпрд╛).
12. In which field do you think India can build the maximum employment opportunity?
- India can build maximum employment opportunities (рдЕрдзрд┐рдХрддрдо рд░реЛрдЬрдЧрд╛рд░ рдХреЗ рдЕрд╡рд╕рд░) in sectors such as information technology (рд╕реВрдЪрдирд╛ рдкреНрд░реМрджреНрдпреЛрдЧрд┐рдХреА), renewable energy (рдирд╡реАрдХрд░рдгреАрдп рдКрд░реНрдЬрд╛), healthcare (рд╕реНрд╡рд╛рд╕реНрдереНрдп рд╕реЗрд╡рд╛), education (рд╢рд┐рдХреНрд╖рд╛), and manufacturing (рдЙрддреНрдкрд╛рджрди). These fields have high growth potential (рдЙрдЪреНрдЪ рд╡реГрджреНрдзрд┐ рдХреА рдХреНрд╖рдорддрд╛) and can absorb a large workforce (рдмрдбрд╝реА рдХрд╛рд░реНрдпрдмрд▓ рдХреЛ рд╕рдорд╛рдпреЛрдЬрд┐рдд рдХрд░ рд╕рдХрддреЗ рд╣реИрдВ).
13. Can you suggest some measures in the education system to mitigate the problem of the educated unemployed?
- Measures to mitigate educated unemployment (рд╢рд┐рдХреНрд╖рд┐рдд рдмреЗрд░реЛрдЬрдЧрд╛рд░реА рдХреЛ рдХрдо рдХрд░рдиреЗ рдХреЗ рдЙрдкрд╛рдп) include:
- Aligning educational curricula with industry needs (рд╢реИрдХреНрд╖рд┐рдХ рдкрд╛рдареНрдпрдХреНрд░рдореЛрдВ рдХреЛ рдЙрджреНрдпреЛрдЧ рдХреА рдЖрд╡рд╢реНрдпрдХрддрд╛рдУрдВ рдХреЗ рд╕рд╛рде рд╕рдВрд░реЗрдЦрд┐рдд рдХрд░рдирд╛).
- Promoting vocational and technical training (рд╡реНрдпрд╛рд╡рд╕рд╛рдпрд┐рдХ рдФрд░ рддрдХрдиреАрдХреА рдкреНрд░рд╢рд┐рдХреНрд╖рдг рдХреЛ рдмрдврд╝рд╛рд╡рд╛ рджреЗрдирд╛).
- Encouraging entrepreneurship and skill development programs (рдЙрджреНрдпрдорд┐рддрд╛ рдФрд░ рдХреМрд╢рд▓ рд╡рд┐рдХрд╛рд╕ рдХрд╛рд░реНрдпрдХреНрд░рдореЛрдВ рдХреЛ рдкреНрд░реЛрддреНрд╕рд╛рд╣рд┐рдд рдХрд░рдирд╛).
- Enhancing career counseling and job placement services (рдХрд░рд┐рдпрд░ рдХрд╛рдЙрдВрд╕рд▓рд┐рдВрдЧ рдФрд░ рдиреМрдХрд░реА рдХреА рдирд┐рдпреБрдХреНрддрд┐ рд╕реЗрд╡рд╛рдУрдВ рдХреЛ рдмрдврд╝рд╛рдирд╛).
14. Can you imagine some village which initially had no job opportunities but later came up with many?
- Yes, a village (рдЧрд╛рдВрд╡) can transform by investing in infrastructure (рдмреБрдирд┐рдпрд╛рджреА рдврд╛рдВрдЪреЗ рдореЗрдВ рдирд┐рд╡реЗрд╢), promoting small-scale industries (рд▓рдШреБ рдЙрджреНрдпреЛрдЧреЛрдВ рдХреЛ рдмрдврд╝рд╛рд╡рд╛ рджреЗрдирд╛), encouraging agricultural diversification (рдХреГрд╖рд┐ рд╡рд┐рд╡рд┐рдзреАрдХрд░рдг рдХреЛ рдкреНрд░реЛрддреНрд╕рд╛рд╣рд┐рдд рдХрд░рдирд╛), and improving education (рд╢рд┐рдХреНрд╖рд╛ рдореЗрдВ рд╕реБрдзрд╛рд░) and healthcare facilities (рд╕реНрд╡рд╛рд╕реНрдереНрдп рд╕реБрд╡рд┐рдзрд╛рдПрдВ). Government initiatives (рд╕рд░рдХрд╛рд░реА рдкрд╣рд▓) and NGO support (рдЧреИрд░-рд╕рд░рдХрд╛рд░реА рд╕рдВрдЧрдарди рдХрд╛ рд╕рдорд░реНрдерди) can also play a significant role (рдорд╣рддреНрд╡рдкреВрд░реНрдг рднреВрдорд┐рдХрд╛ рдирд┐рднрд╛ рд╕рдХрддреЗ рд╣реИрдВ).
15. Which capital would you consider the best тАФ land, labour, physical capital, and human capital? Why?
- Human capital (рдорд╛рдирд╡ рдкреВрдВрдЬреА) is often considered the best because it encompasses the skills (рдХреМрд╢рд▓), knowledge (рдЬреНрдЮрд╛рди), and abilities (рдХреНрд╖рдорддрд╛рдПрдВ) of people, which are essential for the effective utilization of other resources (рдЕрдиреНрдп рд╕рдВрд╕рд╛рдзрдиреЛрдВ рдХреЗ рдкреНрд░рднрд╛рд╡реА рдЙрдкрдпреЛрдЧ рдХреЗ рд▓рд┐рдП рдЖрд╡рд╢реНрдпрдХ рд╣реИрдВ). Human capital drives innovation (рдирд╡рд╛рдЪрд╛рд░ рдХреЛ рдмрдврд╝рд╛рд╡рд╛ рджреЗрддрд╛ рд╣реИ), productivity (рдЙрддреНрдкрд╛рджрдХрддрд╛), and economic growth (рдЖрд░реНрдерд┐рдХ рд╡рд┐рдХрд╛рд╕), making it a crucial factor in development (рд╡рд┐рдХрд╛рд╕ рдореЗрдВ рдорд╣рддреНрд╡рдкреВрд░реНрдг рдХрд╛рд░рдХ).