people as a resource Flashcards
how is human capital formed?
when human resource is further developed by becoming more educated and healthy it is called human capital formation
how can you invest in human capital?
education, training, medical care
how is human capital useful?
higher incomes,
better economy,
higher productivity,
increase in literacy rates
how is human capital better than physical capital?
human resource can make use of land and capital.
primary sector is-
extraction from natural resources like agriculture, fishing etc.
secondary sector is-
when value is added to natural resources to produce goods.
tertiary sector-
the commercial services that help industry produce and distribute goods to the final consumer
sarva shiksha abhiyan
it is a step to providing elemntary education to all children in the age group of 6-14 years by 2010.
how is health important?
helps them to realise their potential and the ability to fight illness.
wont be able to maximize their output if they are not healthy.
infant mortality rate`
number of death of children below 1 year old age per thousand live birth
birth rates
number of babies born for every 1000 people during a particular period of time
death rate
number of people per 1000 who die during a particular period of time
what is reduction in imr?
protection of children from infection, ensuring the nutrition of both the mother and the child
literacy rate
percentage of the population of a given age group that can read and write
what is unemployment?
when people who are willing to work at the going wages cannot find jobs