NCERT Class 9 Economics Solutions: Chapter 2 – People as Resource Part 2

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Question 9:

How will you explain the term unemployment?

Answer:

Unemployment is a situation in which people who are able and willing to work at the going wages cannot find jobs.

An individual is termed as unemployed if he or she is part of the workforce of a country, and is capable and willing to work for payment, but is unable to do so.

Images for unemployment

Unemployment

Images for unemployment

Question 10:

What is the difference between disguised unemployment and seasonal unemployment?

Answer:

Disguised unemployment: When more persons are working in a job than actually required, the situation is termed as disguised unemployment. For example, if in an agricultural activity eight people are engaged but this work/activity actually requires the services of five people, then three persons are extra. If these three people out of eight are withdrawn, total production will remain unaffected.

Seasonal unemployment: Seasonal unemployment occurs when people are able to find jobs only during some months of the year. For Example, Agricultural labourers find work only during the busy seasons, i.e. sowing, harvesting, weeding and threshing. This is because of the seasonal character of agriculture in India.

Question 11:

Why is educated unemployed, a peculiar problem of India?

Answer:

Educated Unemployment is the situation wherein a number of youth with matriculation, graduation and post-graduation degrees are not able to find suitable jobs. India has a huge population and every year a large number of people graduate from schools and colleges, Employment generation in various sectors is not keeping pace with the number of educated people coming out of educational institutions, Due to this, educated unemployed is a peculiar problem of India.

Question 12:

In which field do you think India, can build the maximum employment opportunity?

Answer:

India can build the maximum employment opportunity in the agricultural sector and its based industries. Agriculture is the most labour absorbing sector of the economy. When the efficient and quality packaging happen with agricultural products then it can generate a lot of employment opportunities.

Question 13:

Can you suggest some measures in the education system to mitigate the problem of the educated unemployed?

Answer:

Measures in the education system to mitigate the problem of the educated unemployed:

  • Make education at the secondary level more career-oriented, which would endow individuals with not only education but also the requisite skills for gaining successful employment.

  • Create a sort of screening process whereby each individual chooses subjects that suit his or her abilities.

  • The introduction of newer subjects and fields of study at the school level should be accompanied by a growth of job opportunities in the sectors that would employ the students electing to study such subjects.

Question 15:

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

Answer:

Human capital makes use of the other resources like land, labour arid physical capital to produce an output. The other resources cannot become useful on their own Hence, human capital may well be considered the best among all the resources.