how are activities in the economy clasiified on the basis of employment conditions
Answers
Answer:
they are classified into two types they are : organized sector and unorganized sector
Explanation:
Organized sector
It is a type of sector where the employment terms are fixed and regular and employees get assured work .
Unorganized sector
In this sector employees terms are not fixed and regular , as well as the enterprises are not registered with the government
Explanation:
On the basis of employment conditions, the activities in the economy are classified into organized and unorganized sectors.
→ Organized Sector :This sector covers those enterprises which are registered by the government and have to follow its rules and regulations. For example, Reliance Industries Ltd., GAIL etc.
→ Unorganized Sector : It includes those small and scattered units which are largely outside the control of the government. Though there are rules and regulations but these are never followed here. For example, casual workers in construction, shops etc. In this sector there is no job security and the conditions of employment are also very tough.