Compare and contrast organized and unorganized sector
Answers
Explanation:
Organised Sector is a sector where the employment terms are fixed and regular, and the employees get assured work. Unorganised sector is one where the employment terms are not fixed and regular, as well as the enterprises, are not registered with the government.
QUESTION:-
COMPARE AND CONTRAST ORGANIZED AND UNORGANIZED SECTOR?
ANSWER:-
Compare ORGANIZED SECTOR And UNORGANIZED Sector in base of meaning
•The sector in which the employment terms are fixed and employees have assured work is Organised sector.
•The sector that comprises of small scale emterprises or units and are not registered with the government.
In basis of governed by whom
Organised sector :-
•Various acts like Factories Act, Bonus Act, PF Act, Minimum Wages Act etc.
Unorganized sector :-
• Not governed by any act.