People As Resources Flashcards

Introduction of How people become Resource,Economic activities done by men and women and quality of human resources and unemployment as a form of non utilisation of human resource.

1
Q

What is a Virtuous Cycle?

A

Educated parents are found to invest more heavily in the education and proper nutrition and hygiene of their child it is called a Virtuous cycle.

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2
Q

What is a human capital formation?

A

Human capital formation is the process of transforming people into workers who are capable of producing goods and services.

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3
Q

What is the full form of PHC?

A

The full form of the PHC is primary health centre.

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4
Q

What is the full form of GDP?

A

The full form of the GDP is Gross domestic product.

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5
Q

What was the literacy rate during 2010 to 2011 in India?

A

The literacy rate during 2010 to 2011 in India was 74 %.

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6
Q

Name any two resources of human capital.

A

Education and training are the two resources of human capital.

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7
Q

For better economic growth which investments in human resources should be done either in modern technology in healthcare and education in food and drink or in transportation?

A

The investment should only be made in healthcare and education since they are directly related to better economic growth

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8
Q

What is the full form of GNP

A

The full form of the GNP is gross national product.

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9
Q

What kind of investment can be made on a child?

A

investments made in child education and health can eat a high return in future in the form of higher learning and greater contribution to the society

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10
Q

Why do educated parents invest more in their children’s education and health

A

educated parents have realise the positive influence of education themselves they have understood that proper nutrition and good hygiene can give strong base to their children in grasping their learning better.

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11
Q

How do electric parents create a vicious cycle for their children?

A

A viciouscycle may be created by disadvantage parents who themselves and educated and lacking in hygiene keep their children in a similarly disadvantage state.

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12
Q

Which Asian country invested their most part of resources on people especially in the field of education and health?

A

Japan

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13
Q

Banking is included in which sector of activity

A

Teritiary sector of the economy.

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14
Q

In which sector are transport and communication included

A

Teritiary sector

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15
Q

What kind of people are liability for the economy

A

Illiterate and unhealthy people are the liability for the economy

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