Analyze the role of unorganised sector in gdp
Answers
Answered by
121
role played by unorganized sector is very big becuz in this sector agriculture is the main . and as we know our country is a agricultural country here more people depend on agricultur
Anonymous:
plz mark as brainlieast
Answered by
68
Role of Unorganized sectors which are known as small scales and cottage industries.
Explanation:
Unorganized sector refers to those unincorporated enterprise indulged in production of goods and services owned by households or individuals initiated as proprietary or partnership firms having 10 or less workers. The large portion of the population is dependent on unorganized sector. Agriculture is the part of unorganized sector.
Role of unorganized sector in GDP
1. Increase output
2. Increase employment opportunities
3. Increase in living standards
4. Increase in purchasing power of the employees
Similar questions