v) How are the activities in the economy classified on the basis of employment conditions ?
Answers
Answer:
on the basic of employment condition , activities in the economy as classified as organised and unorganised . the organised sector offers job security and employment benefits , while the unorganised sector is market by low wages and and leck of job security
Answer:
How are the activities in the economic Classified on the basis of
employment conditions?
Ans. Organised Sector
1. This sector works under the certain rules and regulations formed
by government.
2. it check strictly the exploitation of labour.
3. workers have job security.
4. workers get regular monthly salary.
5. workers get benefit like provident fund, paid leaves, medical
facilities etc.
6. working hours are fixed.
7. the main motive is profit maximization and public welfare.
Unorganised sector:-
1. this sector does not work under any rules and regulations.
2. it does not check exploitation of labour.
3. workers to not have job security.
4. workers get daily wages.
5. Workers do not get any such benefits.