Q2 of 11 Page 42

For each of the sectors that we came across in this chapter, why should one focus on employment and GDP? Could there be other issues which should be examined?

Discuss.

Employment and GDP are important as they determine the size of a nation’s economy. A nation could develop only when the rate of employability is high, and GDP of that particular year is also high.


More from this chapter

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1

Do you think the classification of economic activities into primary, secondary and services sectors is useful? Explain how.

 3

How is the service sector different from other sectors? Illustrate with a few examples.

 4

What do you understand by underemployment? Explain with one example each from the urban and rural areas.

 5

The workers in the unorganized sector need protection on the following issues: wages, safety, and health. Explain with examples.