(d) What is your idea about future colleges and universities? Answer In future colleges and universities, stress should be on vocationalisation of education
education
Education is the transmission of knowledge, skills, and character traits. There are many debates about its precise definition, for example, about which aims it tries to achieve. A further issue is whether part of the meaning of education is that the change in the student is an improvement.
'People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. Looking at the population from this productive aspect emphasises its ability to contribute to the creation of the Gross National Product.
Answer: No, the increase in the number of doctors and nurses is not adequate with regards to India. The rate of increase in population is much higher than the rate of increase in the number of doctors and nurses.
Answer: Human resource makes use of other resources like land and physical capital to produce an output. The other resources cannot become useful on their own. This is the reason why human resource is considered to be superior to the other resources.
Human capital refers to the stock of skill, ability, expertise, education, and knowledge in a nation at a point of time. We need investment in human capital to produce more human capital out of human resources.
Economics can be defined in a few different ways. It's the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often involves topics like wealth and finance, but it's not all about money.
Humans have the ability to make the best use of nature to create more resources when they have the knowledge, skill and the technology to do so. That is why human beings are considered as special resources.
Conclusion. The poor people in the poorer states in India pay significantly more to avail hospitalization in public health centers than those in the developed states. Provision of free medicines, surgery and free diagnostic tests in public health centers may reduce the high OOPE and medical poverty in India.
According to the World Bank, infant mortality in India fell from 66 to 38 per 1,000 live births from 2000 to 2015. Life expectancy at birth has increased from 63 to 68 years, and the maternal mortality ratio has fallen from 374 to 174 per 100,000 live births over the same period.
The private health sector offers high-quality health care at a fraction of the price of hospitals in developed countries. Even though it is relatively less costly, it can still be a burden to the average Indian citizen. The private sector attracts many foreign patients, which makes India a hot spot for medical tourism.
Answer: Human resource is known to be one of the superior resources as compared to the other resources like land and physical capital. It can make use of land and physical capital, however, land and physical capital cannot become useful on its own.
Human resources are different from other resources like land and physical capital because human beings can use additional resources to give out productive output. However, resources like land and physical capital depend on human resource use and cannot give any productive output.
Human resources are the human potential that can be pulled from a large pool of resources, whereas human capital is the human capital that can be obtained from a limited pool of resources. Human capital refers to the skills and knowledge that have already been acquired and put to use.
What Is Human Capital? The term human capital refers to the economic value of a worker's experience and skills. Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
The process of human capital formation is responsible for economic and human development of the individuals, society and of any country. Human capital formation increases the economic prosperity of the individual by generating more job opportunities. The economic prosperity brings social equality in a society.
Human gets all types of resources from the environment. As one of superior most creatures of the earth due to intelligence, human has a great possibility of wise use of natural resources and creating a balance in the ecosystem. Therefore, human is very closely interrelated and dependent on natural resources.
Human resources are different from other resources like land and physical capital because human beings can use additional resources to give out productive output. However, resources like land and physical capital depend on human resource use and cannot give any productive output.
Economic resources are the factors used in producing goods or providing services. In other words, they are the inputs that are used to create things or help you provide services.
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Introduction: My name is Virgilio Hermann JD, I am a fine, gifted, beautiful, encouraging, kind, talented, zealous person who loves writing and wants to share my knowledge and understanding with you.
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