Question

Define term employment? how is economy classified based on the type of the employment ​

Answer 1

Answer:

Terms of employment are the responsibilities and benefits of a job as agreed upon by an employer and employee at the time of hiring. These generally include job responsibilities, work hours, dress code, vacation and sick days, and starting salary. They may also include benefits such as health insurance, life insurance, and retirement plans. It is an element of the ISM Manufacturing Index's calculations.

Answer 2

Hii there

here is your answer

employment is  the state of having paid work.

On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security.

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