Revision Notes For Class 11 Economics Chapter 7 Employment Growth Informalisation And Other Issues

Employment : Growth, Informalisation And Other Issues will help the students to learn the concepts of employment. This is a vast topic and various concepts are covered in this chapter – introduction, workers and employment, participation of people in employment, self employed and hired workers, regular salaried employees, employment in firms, factories and offices, growth and changing structure of employment, informalisation of Indian workforce, formal sector employment, unemployment, government and employment generation, conclusion.

Students can also refer to :

NCERT Solution for Class 12 Macroeconomics Chapter 1 – Introduction NCERT Solution for Class 12 Macroeconomics Chapter 2 – National Income Accounting

Frequently asked Questions on CBSE Class 11 Economics Notes Chapter 7: Employment Growth Informalisation and Other Issues

Q1

Who are ‘Hired Workers’?

These are workers who are employed by others (employers) and receive a salary/wage as compensation for work.

Q2

What are the main reasons for unemployment?

1. Large population.2. Lack of vocational skills or low educational levels of the working population.3. Labour-intensive sectors suffering from the slowdown in private investment particularly after demonetisation.

Q3

What are the benefits of being self employed?

1. Independence 2. Financial rewards 3. Creative control 4. More passionate and enthusiatic

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