11. Distinguish between open unemployment and disguised unemployment
12. Tertiary sector is not playing any significant role in the development of Indian
economy." Do you agree? Give reasons in support of your answer
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Explanation:
1.(i) Open employment refers to the situation in which an individual has no job and unable to earn his livelihood. (i) Disguised unemployment refers to the situation in which people work at a place where there is no more people are requird. ... (ii) This unemployment is clearly visible. (ii) This unemployment is ʜɪᴅᴅᴇɴ.
2.No, I do not agree with the statement that tertiary sector is not playing any significant role in the development of Indian economy. ... In the last decade, the field of information technology has grown, and consequently, the GDP share of the tertiary sector has grown from around 40% in 1973 to more than 50% in 2003.
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