Class 9 Economics Chapter 2 Notes Pdf Download !!top!! ★

Class 9 Economics Chapter 2: People as Resource – Notes and Study Guide

These are the two most important pillars of human capital formation. class 9 economics chapter 2 notes pdf download

It enhances a person’s skills, provides new aspirations, and develops values of life. Class 9 Economics Chapter 2: People as Resource

The term "People as Resource" refers to a country’s working population in terms of their existing productive skills and abilities. This is the process of adding to the

This is the process of adding to the stock of skilled and productive people in a country. Investment in human capital—much like physical capital (machines, buildings)—yields high returns in the form of higher income and productivity. 2. Role of Education and Health

A healthy person is more productive and efficient. The health of a person is often indicated by Life Expectancy and the Infant Mortality Rate (IMR) .

Focuses on improving accessibility to healthcare, family welfare, and nutritional services, especially for underprivileged segments.