Economic important question class 9th understanding economic activity�

1.	Economic important question class 9th understanding economic activity
Answer» Answer: Question 1. What is human capital? Answer: Human capital is the stock of skilled and PRODUCTIVE work force of a nation. Question 2. How can the population of a nation becomes human capital? Answer: Population of a nation becomes human capital through education, training and medical care.Question 3. Which TYPE of investment is known as human capital investment? Answer: The investment made in the form of education, training and medical care is known as human capital investment. Question 4. How is human capital superior to other resources? Or Why is human resource considered to be the best resource? Explain. Answer: Human capital can make use of land and capital for further PRODUCTION, WHEREAS land and capital cannot BECOME useful on its own Explanation: Hope it helps

Economic important question class 9th understanding economic activity

Answer»

Answer:

Question 1.

What is human capital?

Answer:

Human capital is the stock of skilled and PRODUCTIVE work force of a nation.

Question 2.

How can the population of a nation becomes human capital?

Answer:

Population of a nation becomes human capital through education, training and medical care.Question 3.

Which TYPE of investment is known as human capital investment?

Answer:

The investment made in the form of education, training and medical care is known as human capital investment.

Question 4.

How is human capital superior to other resources?

Why is human resource considered to be the best resource? Explain.

Answer:

Human capital can make use of land and capital for further PRODUCTION, WHEREAS land and capital cannot BECOME useful on its own

Explanation:

Hope it helps