Apart from employment and GDP, what other issues should be taken into consideration regarding the functioning of different sectors.
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- working conditions of those employed
- proper implementation of laws formulted by the govt
- adequate wage of vulnerable workers specially in unorganised sectors
- normal working hours
- job security for all the workers or employees
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Explanation:
For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the size of a country’s economy. A focus on employment and GDP helps determine two important things—per capita income and productivity. Hence, in each of the three sectors, employment rate and status as well as its contribution to the GDP help us understand how that particular sector is functioning and what needs to be done to initiate further growth in it
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