What do you understand by 'people as a resource'?

4

(a)

What is the role of education in human capital information?

4

(a)

What is the role of health in human capital information?

4

(a)

What are the various activities undertaken in the primary sector,secondary sector and tertiary sector?

4

(a)

Distinguish between economic activities and non-economic activities.

4

(a)

How will you explain the term unemployment?

4

(a)

What is unemployment?Distinguish between disguised unemployment and seasonal unemployment.

4

(a)

Which capital would you consider the best-land, labour, physical capital and human capital? Why?

4

(a)

What do you mean by 'People as Resource'?

4

(a)

Is investment in human resource the same as other forms investment?

4

(a)

What are classification of human activities that add value to national income?

4

(a)

Distinguish between market and non market activities with two points of distinction.

4

(a)

In which sector is disguised unemployment mostly found?

4

(a)

Which is the most labour absorbing sector of the economy?

4

(a)

1. "Increase in unemployment is an indicator of a depressed economy".Do you agree with this statement?Support your answer by giving arguments.

   4

   (a)

2. "Human Resource is an indispensable factor of production"Justify.

   4

   (a)