12. 1.Unirrigated land
2.Fluctuations in income
3.Debit burden
4.No job in the off season
5.Compelled to sell their grains to
the local traders soon after
harvest.
20. Why tertiary sector becoming so important
in
India ?
1. Govt. has to take responsibility for the
provision of some services such as hospitals,
educational institutions, post etc.
2. The development of agriculture and industry
leads to the development of services such as
transport, trade, storage.
3. Income levels rises, certain sections of people
start demanding many more services like
tourism, shopping etc.
4. Information & Communication Technology
have become important and essential.
There could be several reasons:
22. DISGUISED
UNEMPLOYMENT
1. It is a situation in which more people are engaged
in a activity then the required one.
2. The people who are engaged appear to be
employed but are not fully employed.
3. If the surplus labour are removed from work,
production does not suffer.
23. OPEN
UNEMPLOYMENT
1. Open unemployment means a situation
when a person is unable to find any job
or work.
2. Under this, the worker is ready to work,
but he is unable to find any work.
3. It can occur in any sector.
24.
25.
26.
27.
28.
29.
30.
31.
32. Organised by private
individuals.
does not provide fixed
employment & fixed
working hours to
workers.
main aim is to make
many profits for
themselves.
examples of private
sectors are birla
33.
34. As we have looked at the ways of classifying economic
activities into some meaningful groups. One way of doing
this is to examine whether the activity is primary,
secondary or tertiary sectors. The data for India, for the
last thirty years, shows that while goods and services
produced in the tertiary sector contribute the most to GDP,
the employment remains in the primary sector. We have
also seen what all can be done for increasing employment
opportunities in the country. Another classification is to
consider whether people are working in organised or
unorganised sectors and protection is necessary for them.
We also looked at the difference between private and
public activities, and the qualities of both the sectors.