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The chapter elaborates on the concept of 'People as Resource', emphasizing the significance of human capital formed through education, training, and health improvements. It explores the relationship between human resource development and economic growth, underscoring societal and individual benefits derived from investing in human capital. The chapter also highlights the impact of education and health on productivity and introduces various economic activities classified according to sectors.
Chapter 212 sections
The chapter elaborates on the concept of 'People as Resource', emphasizing the significance of human capital formed through education, training, and health improvements. It explores the relationship between human resource development and economic growth, underscoring societal and individual benefits derived from investing in human capital. The chapter also highlights the impact of education and health on productivity and introduces various economic activities classified according to sectors.
Human capital is crucial for economic growth and development.
Education and health investments yield significant returns in productivity.
The quality of population directly influences the economic activities and growth rates of a country.
The knowledge, skills, and abilities of individuals which are enhanced through education and training, contributing to economic productivity.
Actions that involve the production of goods and services, categorized into primary, secondary, and tertiary sectors.
The condition where individuals who are able and willing to work cannot find employment, characterized by various forms like seasonal and disguised unemployment.
The process of enhancing individuals' skills and abilities through education, training, and health services to further improve economic productivity.
Total Questions
2
Estimated Time
4 min
Passing Score
70%
13 more questions available