Question

Describe the sectors of economy divided on the basis of the conditions of work

Answer 1

The Sectors of the economy divided on the basis of the conditions of work are-

#ORGANIZED SECTOR

1. Workers have job security.
2. Working environment is healthy and safe.
3. Monthly salary is given.
4. Rules and Regulations are followed here.
5. It is called Organised because, certain formal procedures and processes are followed here.


#UNORGANISED SECTOR

1. Workers do not have job security.
2. They get daily wages.
3. Working environment is not safe and healthy. Example- Workers in mining industry.
4. Working hours are not fixed. Wages are low.
5. Rules and Regulations are not usually followed here.
6. It is called Unorganized because it does not follow some procedures and processes.