People As Resource

People As Resource

Distinguished Unemployment

Hidden unemployment or disguised unemployment is a kind of unemployment where some people seem to be employed but are not. This usually occurs when there is over-employment in a particular sector. This basically means that on paper you can show employment but in reality, too many have been hired to do a job that can be done by fewer people.

 

When people can’t find jobs that employ their skills or education to full capacity, they still have bills to pay, so they settle for lesser responsibilities, known as “underemployment.” 

Distinguished Unemployment / Example

For example, in the rural areas per agricultural sector, where ten members of a farmer family are employed on small farm plots when five are enough. Those extra 5 members are unemployed rather than being employed.

 

Another example is if you have one cow, you ideally need one person to milk it. If you hire 10 people to milk one cow, you just created disguised unemployment.

Multiple Choice

what is Self-consumption is called

• non-production activity

• non-market activity

• non-economic activity

Multiple Choice

Production for self consumption is an example of ________

• a. Non-Market economic activity

• b. Non-Economic activity

• c. Economic Activity

Multiple Choice

Which one of the following is an Economic activity?

• a.A mother nursing a child

• b.Painting as a hobby

• c. A teacher teaching in school

Multiple Choice

Countries like Japan are developed/rich because

• a. They have adequate or surplus natural resources

• b. The governments of such countries are rich

• c. They have invested on people, especially in the field of education and health.

Multiple Choice

Vicious cycle gets created when?

• a. Parents invest heavily on the education and health of their children

• b. Disadvantaged parents are not able to invest on the health and education of their children

• c. None of the above

Multiple Choice

Why human capital is superior to other resources like land and physical capital?

• a. Land and capital cannot become useful on its own

• b. Human resource can make use of land and capital

• c. Human beings are the most supreme creation of the God

• d. Both (a) & (b)

Multiple Choice

Investment in human capital (through education, training, medical care) is similar to investment in physical capital as_______

• a.Both results into higher income generation through increasing the productivity

• b.Both are undertaken by the employers/producers

• c.Both physical capital & human capital mean the same

Multiple Choice

Type of employment when people are not able to find jobs during some part of the year is called

• Seasonal

• Disguised

• Educated

• Structured

Multiple Choice

Which of the following sectors is related to agriculture, forestry and dairy?

• Tertiary Sector

• Primary Sector

• Secondary Sector

• Market Activity

Multiple Choice

When there is investment made in the form of education, training and medical care, the population becomes

• Working Capital

• Human Capital

• Fixed Capital

• National Capital

Multiple Choice

Education contributes towards

• Efficiency of government

• National Income

• Society

• All of above

Multiple Choice

_____________makes all other resources useful and puts them to productive use.

• Land

• Money

• Technology

• Human Resource

Multiple Choice

Anybody who can read and write in any language is known as

• illiterate

• Literate

• Student

• Skilled

Multiple Choice

Trade, transport and communication is an example of

• PRIMARY SECTOR

• Secondary Sector

• Tertiary Sector

• Non Economic sector

Multiple Choice

The quality of population depends on

• literacy rate

• health

• skill

• all the above

Multiple Choice

Choose the non-market activities

(i) Vilas sells fish in the village market

(ii) Vilas cooks food for his family

(iii) Sakal works in a private firm

(iv) Sakal looks after his younger brother and sister

• (i) & (ii)

• (iii) & (iv)

• (i) & (iii)

• (ii) & (iv)

Multiple Choice

What is the aim of Sarva Siksha Abhiyan?

• To provide elementary education to women

• To provide elementary education to the rural poor

• To provide elementary education to all children in the age group 6-14 years

• To provide elementary education to the urban poor

Multiple Choice

Which one from the following is the most labour absorbing sector?

• Agriculture

• Fisheries

• Poultry farming

• Mining

Multiple Choice

When the existing 'human resource' is further developed by becoming more educated and healthy, we call it ___________

• a.Human Resource Development

• b.Human capital Formation

• c. Physical Capital

Multiple Choice

When the existing 'human resource' is further developed by becoming more educated and healthy, we call it ___________

• a.Human Resource Development

• b.Human capital Formation

• c. Physical Capital