Economics


Chapter : 2. People As Resources

Reasons Out Why, Comparative Study

(i) Why is education an input of growth ?
1. It opens new horizons for people.
2. It provides new aspiration to the people.
3. It develops value of life.
(ii) Why has the mid-day meal scheme been implemented ?
It has been implemented to encourage attendance and retention of children and improve their nutritional status.
(iii) Why are women employed in low paid work ?
There is no denying the fact that women are generally employed in low paid work and they are paid low as compared to men. The reasons for the same are the following :
1. Education is one of the major determinants of the earning of any individual in the market. As majority of women have meager education so they are paid less as compared to men.
2. Along with education, skill is also an important determinant which affects the pay of the individuals.
3. It is also pointed out that women cannot do as much physical work as men can do. So naturally they are paid less than men.
4. Women are mostly attached with their home-duties and they cannot be as regular as men in their duties, so they are employed in low paid work and paid less as compared to men.
Comparative Study Economic and Non-Economic Activities :
Economic Activities : All such activities which give us some income are called economic activities. Pulling cycle-rickshaws, clearning houses, selling vegetables and working in schools, shops, factories, hospitals, banks, farms and the like are economic activities.
Non-Economic Activities : All such activities which do not give any income in return are called non-economic activities. Visiting a temple, doing social work, helping the poor, educating the illerate without any charges are some non-economic activities.

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