{"id":10382,"date":"2018-02-17T12:54:41","date_gmt":"2018-02-17T07:24:41","guid":{"rendered":"http:\/\/mycbseguide.com\/blog\/?p=10382"},"modified":"2019-02-05T11:24:05","modified_gmt":"2019-02-05T05:54:05","slug":"people-resource-class-9-notes-economics","status":"publish","type":"post","link":"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/","title":{"rendered":"People as Resource class 9 Notes Economics"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#Class_9_Economics_notes_Chapter_1_People_as_Resource\" >Class 9 Economics notes Chapter 1 People as Resource<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#CBSE_Class_9_Revision_Notes_Economics_People_as_Resource\" >CBSE Class 9 Revision Notes Economics People as Resource<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#Market_Activities_and_Non-Market_Activities\" >Market Activities and Non-Market Activities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#Quality_of_Population\" >Quality of Population.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#Role_of_Education\" >Role of Education:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#Health\" >Health:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#Nature_of_Unemployment_in_India\" >Nature of Unemployment in India:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#Consequences_of_Unemployment\" >Consequences of Unemployment:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/#People_as_Resource_Class_9_Notes_Economics\" >People as Resource Class 9 Notes Economics<\/a><\/li><\/ul><\/nav><\/div>\n<p><strong>People as Resource class 9 Notes Economics<\/strong> in PDF are available for free download in myCBSEguide mobile app. The best app for CBSE students now provides People as Resource class 9 Notes Economics latest chapter wise notes for quick preparation of CBSE exams and school-based annual examinations. Class 9 Economics notes on chapter 1 People as Resource Economics are also available for download in CBSE Guide website.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Class_9_Economics_notes_Chapter_1_People_as_Resource\"><\/span><strong>Class 9 Economics notes Chapter 1 People as Resource<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Download CBSE class 9th revision notes for chapter 1 People as Resource in PDF format for free. Download revision notes for People as Resource class 9 Notes Economics and score high in exams. These are the People as Resource class 9 Notes prepared by team of expert teachers. The revision notes help you revise the whole chapter 1 in minutes. Revision notes in exam days is one of the best tips recommended by teachers during exam days.<\/p>\n<p style=\"text-align: center;\"><strong><a class=\"button\" href=\"https:\/\/mycbseguide.com\/downloads\/cbse-class-09-social-science\/1895\/cbse-revision-notes\/7\/\">Download Revision Notes as PDF<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"CBSE_Class_9_Revision_Notes_Economics_People_as_Resource\"><\/span><strong>CBSE Class 9 Revision Notes Economics People as Resource<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Population of a nation can be its asset rather than liability.<\/p>\n<p>&#8216;People as resource&#8217; refers to a country&#8217;s working people in terms of their existing productive skills and abilities.<\/p>\n<p>When existing human resource is developed by becoming educated and healthy it turns into human capital.<\/p>\n<p>Human capital is superior to other resources like land and physical capital, as it uses these capitals and adds value to them.<\/p>\n<p>Investment in human capital via education and medical care can give high returns in the future. Country like Japan have invested a lot in human resources. They do not have rich natural resources, but still they are called developed nations.<\/p>\n<p>Human beings perform many activities which can be grouped into economic and non-economic.<\/p>\n<p><strong>Economic Activities<\/strong>: Economic activities refer to those activities of man which are undertaken for a monetary gain or to satisfy his\/her wants. The activities of workers, farmers, shopkeepers, manufacturers, doctors, lawyers, taxi drivers, etc. fall under this category.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_Activities_and_Non-Market_Activities\"><\/span><strong>Market Activities and Non-Market Activities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Economic activities are also called as market activities.<\/p>\n<p>Non-market activities are production for self-consumption.<\/p>\n<p><strong>Non-Economic Activities<\/strong>: Non-economic activities are ones that are not undertaken for any monetary gain. These are also called unpaid activities, e.g.., Puja-paath, housekeeping, helping the poor or disabled, etc.<\/p>\n<ul>\n<li>Classification of Economic Activities. Various economic activities can be classified into<\/li>\n<\/ul>\n<p>three main sectors, that is primary sector, secondary sector, and tertiary sector. The primary sector includes activities like agriculture, forestry, animal husbandry, fishing, poultry, farming and mining. In this sector, goods are produced by exploiting nature. In the secondary sector, manufacturing (small and large) and construction activities are included. The tertiary sector (also called service sector) provides various types of services like transport, education, banking, insurance, health, tourism, etc.<\/p>\n<ul>\n<li>In India traditionally there is division of labour between men and women.<\/li>\n<\/ul>\n<ul>\n<li>Activities of Women. Women generally look after domestic affairs like cooking of food, washing of clothes, cleaning of utensils, housekeeping and looking after children<\/li>\n<\/ul>\n<ul>\n<li><strong>Human Capital<\/strong>: Human capital is the stock of skill and productive knowledge embodied in human beings. Population (human beings) become human capital when it is provided with better education, training and health care facilities<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Quality_of_Population\"><\/span><strong>Quality of Population<\/strong>.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The quality of population depends upon the literacy rate, life expectancy and skills formation acquired by the people of the country.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Role_of_Education\"><\/span><strong>Role of Education<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Education is the most important component of human resource development. It contributes towards the growth of the society, enhances the national income, cultural richness and increases efficiency of governance.<br \/>\nIn view of its contribution towards the growth of the society, government expenditure on education as a percentage of GDP rose from 0.64% in 1951-52 to 3.98% in 2002-03. However, our national goal is 6% of GDP.<br \/>\nLiteracy is uneven between males and females. Males are more literate. It also varies with urban and rural area. Urban population is more literate compared to rural.<br \/>\nThere were 7.68 lakh schools by 2004-05. But education is diluted by the poor quality of schooling and high drop out rates.<br \/>\n&#8216;Sarv Shiksha Abhiyan&#8217; is a significant step towards providing elementary education to all children below the age of 14.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Health\"><\/span><strong>Health<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Health is another very important component of human resource development. Efficiency of workers largely depends on their health.<br \/>\nThere has been considerable improvement in the country\u2019s health standard. For instance, the life expectancy at the time of birth in India rose from 37.2 years in 1951 to 63.9 years in 2001. Similarly, infant mortality rate has come down from 147 to 47\u00a0 by 2010.<br \/>\nInfant mortality rate is the death of the child under one year of age.<br \/>\nIndia has built up a vast health infrastructure but still much more is needed to be done.<\/p>\n<p><strong>Unemployment<\/strong>: Unemployment is said to exist when people who are willing to work at the prevailing wage rates cannot find jobs. When we talk of unemployed people, we refer to those in the age group of 15-59 years. Children below 15 years of age and the old people above 60 are not considered while counting the number of unemployed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nature_of_Unemployment_in_India\"><\/span><strong>Nature of Unemployment in India<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Seasonal unemployment occurs when people fail to get work during some months of the year (that is, during off-season). Farm labourers usually face this kind of problem.<\/p>\n<p>Disguised unemployment is another kind of unemployment found in rural areas. Such kind of problem arises due to excessive pressure of population on agriculture. Disguised unemployment refers to a situation where in the number of workers in a job is more than actually required to do the job. The extra number of workers are disguisedly unemployed.<br \/>\nIncrease in unemployment is an indicator of depressed economy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Consequences_of_Unemployment\"><\/span><strong>Consequences of Unemployment<\/strong>:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>(i) Unemployment leads to wastage of manpower resource.<br \/>\n(ii) Unemployment tends to increase the economic overload that is dependence of the unemployed on the working population.<br \/>\n(iii) Unemployment may lead to increase in social unrest and tension.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"People_as_Resource_Class_9_Notes_Economics\"><\/span>People as Resource Class 9 Notes Economics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>People as Resource class 9 Notes Economics. CBSE quick revision note for class-9 Economics, Chemistry, Math\u2019s, Biology and other subject are very helpful to revise the whole syllabus during exam days. The revision notes covers all important formulas and concepts given in the chapter. Even if you wish to have an overview of a chapter, quick revision notes are here to do if for you. These notes will certainly save your time during stressful exam days.<\/p>\n<ul>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-09-mathematics\/1234\/cbse-revision-notes\/7\/\">Mathematics<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-09-science\/1218\/cbse-revision-notes\/7\/\">Science<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-09-social-science\/1895\/cbse-revision-notes\/7\/\">Social Science<\/a><\/li>\n<li><a href=\"http:\/\/mycbseguide.com\/downloads\/cbse-class-09-english-communicative\/1900\/cbse-revision-notes\/7\/\">English Communicative<\/a><\/li>\n<\/ul>\n<p>To download People as Resource class 9 Notes Economics, sample paper for class 9 Mathematics, Social Science, Science, English Communicative; do check myCBSEguide app or website. myCBSEguide provides sample papers with solution, test papers for chapter-wise practice, NCERT solutions, NCERT Exemplar solutions, quick revision notes for ready reference, CBSE guess papers and CBSE important question papers. Sample Paper all are made available through\u00a0<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide&amp;referrer=utm_source%3Dmycbse_bottom%26utm_medium%3Dtext%26utm_campaign%3Dmycbseads\"><strong>the best app for CBSE students<\/strong><\/a>\u00a0and myCBSEguide website.<\/p>\n<ul>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-french-revolution-class-9-notes-social-science\/\">History-The French Revolution class 9 Notes Social Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-socialism-europe-russian-revolution-class-9-notes-social-science\/\">History-Socialism in Europe and the Russian Revolution class 9 Notes Social Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-nazism-rise-hitler\/\">History-Nazism and the Rise of Hitler class 9 Notes Social Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-forest-society-colonialism-class-9-notes-social-science\/\">History-Forest Society and Colonialism class 9 Notes Social Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-pastoralists-modern-world-class-9-notes-social-science\/\">History-Pastoralists in the Modern World class 9 Notes Social Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-peasants-farmers-class-9-notes-social-science\/\">History-Peasants and Farmers class 9 Notes Social Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-india-size-location-class-9-notes-social-science\/\">Geography-India Size and Location class 9 Notes Social Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/physical-features-india-class-9-notes-geography\/\">Physical Features of India class 9 Notes Geography<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/drainage-class-9-notes-geography\/\">Drainage class 9 Notes Geography<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/climate-class-9-notes-geography\/\">Climate class 9 Notes Geography<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/natural-vegetation-wild-life-class-9-notes-geography\/\">Natural Vegetation and Wild Life class 9 Notes Geography<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/population-class-9-notes-geography\/\">Population class 9 Notes Geography<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/history-sport-story-cricket-world-class-9-notes-history\/\">History and Sport The Story of Cricket World class 9 Notes History<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/clothing-social-history-class-9-notes-history\/\">Clothing A Social History class 9 Notes History<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/story-village-palampur-class-9-notes-economics\/\">The Story of Village Palampur class 9 Notes Economics<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/poverty-challenge-class-9-notes-economics\/\">Poverty as a Challenge class 9 Notes Economics<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/democracy-contemporary-world-class-9-notes-political-science\/\">Democracy in the Contemporary World class 9 Notes Political Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/democracy-democracy-class-9-notes-political-science\/\">What is Democracy Why Democracy class 9 Notes Political Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/constitutional-design-class-9-notes-political-science\/\">Constitutional Design class 9 Notes Political Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/electoral-politics-class-9-notes-political-science\/\">Electoral Politics class 9 Notes Political Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/working-institutions-class-9-notes-political-science\/\">Working of Institutions class 9 Notes Political Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/democratic-rights-class-9-notes-political-science\/\">Democratic Rights class 9 Notes Political Science<\/a><\/li>\n<li class=\"entry-title\"><a href=\"https:\/\/mycbseguide.com\/blog\/food-security-india-class-9-notes-economics\/\">Food Security in India class 9 Notes Economics<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>People as Resource class 9 Notes Economics in PDF are available for free download in myCBSEguide mobile app. The best app for CBSE students now provides People as Resource class 9 Notes Economics latest chapter wise notes for quick preparation of CBSE exams and school-based annual examinations. Class 9 Economics notes on chapter 1 People &#8230; <a title=\"People as Resource class 9 Notes Economics\" class=\"read-more\" href=\"https:\/\/mycbseguide.com\/blog\/people-resource-class-9-notes-economics\/\" aria-label=\"More on People as Resource class 9 Notes Economics\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":10316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,456],"tags":[457,150,1541,650,931,426,240],"class_list":["post-10382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cbse-class-09","category-revision-notes","tag-cbse-notes","tag-cbse-notes-and-key-points","tag-cbse-revision-notes","tag-economics-notes","tag-people-as-resource","tag-quick-revision","tag-quick-revision-notes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>People as Resource class 9 Notes Economics | myCBSEguide<\/title>\n<meta name=\"description\" content=\"People as Resource class 9 Notes Economics chapter 1 in PDF format for free download. 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