help me
1 what are economic activities
2 what is the status of unemployment
3 what are unrecognised sector
4 what is the the role of education human capital of formation
5what are the vegetation in the primary sector secondary sector and tertiary sector
Answers
Answer:
Economic activity is an activity of providing, making, buying or selling commodities or services by people to satisfy day-to-day needs of life. Any activity that includes manufacturing, distributing or utilising products or services.
The Usual Status approach to measuring unemployment uses a reference period of 365 days i.e. one year preceding the date of the survey of NSSO for measuring unemployment. The Usual Status approach of measuring unemployment also looks at the principal activity and subsidiary activity status of the worker.
As per 'Ministry of Labour and Employment' definition : Unorganized sector means an enterprise owned by individuals or self-employed workers and engaged in the production or sale of goods or providing service of any kind whatsoever, and where the enterprise employs workers, the number of such workers is less than ten.
The role of education in human capital formation are as follows: An educated society facilitate better development program than an illiterate one. Education improves productivity and prosperity, and also improve enriched life experience. ... Education increases national income and other cultural richness.