Why is educated unemployed, a peculiar problem in India? Educated unemployment is a particular problem in India for several reasons: Also, check What is the …

What is the difference between disguised unemployment and seasonal unemployment? Disguised unemployment and seasonal unemployment are two different types of unemployment that can occur in …

The term “Unemployment” is a situation in which individuals who are actively seeking employment are unable to find a job. It is a measure of …

What is the difference between economic activities and non-economic activities? Economic activities refer to actions that involve the production, distribution, exchange, and consumption of goods …

What are the various activities are undertaken in the primary sector, secondary sector, and tertiary sector? The primary sector refers to industries that are involved …

What is the role of health in human capital formation? Health is an important component of human capital, as it directly impacts an individual’s ability …

How is human resource different from other resources like land and physical capital? Human resources, land, and physical capital are all important resources in an …

People are often referred to as a “resource” in the context of human capital theory, which views human beings as valuable assets that can be …

The role of education in human capital formation: Education is a key factor in the formation of human capital, which refers to the knowledge, skills, …

The requirements for production refer to the specific needs, specifications, and standards that must be met in order to successfully produce a product or deliver …

The aim of production is to fulfill the demand for goods and services in an efficient and cost-effective manner. The primary objective of production is …