Seshu cheera

📘 Formative Assessment – People as a Resource (Class 9 Economics, Chapter 2) People as a Resource  Introduction: Concept Overview "People as a Resource" means seeing a country's population as an asset, not a liability. When people are healthy, skilled, and educated, they add value to the nation. Investment in people, through education, training, and healthcare, builds human capital. Human capital is the collective skills, knowledge, and abilities that boost productivity and economic growth. Human Capital Formation Human capital comes from improving health, education, and skills. Investment in human capital, just like investments in physical assets, brings future benefits. Countries that have invested in people—such as Japan—have grown rapidly even without abundant natural resources. There are cycles: in families where parents are educated and value education, children do better (virtuous cycle). In poor, uneducated families, poverty may continue (vicious ...

  Geography: Lesson 1 - Resources and Development 1. What do you understand by a ‘Resource’? Give examples. A resource is  anything available in the environment  that can be used to satisfy human needs, provided it is culturally acceptable, economically feasible, and technologically accessible. Resources include  natural materials  like land, water, soil, forests, minerals, and human-made materials. Examples: Water, forests, minerals, fuels, human beings (labor), and animals. 2. “Resources are a function of human activities.” Explain with examples. Resources do not have intrinsic value unless humans recognize and use them. Human activities transform natural materials into resources by applying technology and knowledge. Example: Coal exists naturally but is usable as a resource only when humans mine and use it for energy. Forests are resources when managed and used by communities for timber,...