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Question
Employment in the service sector has not __________ to the same extent as production?
Employment in the service sector has not __________ to the same extent as production?
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Solution
The correct option is C Increased
On the basis
of employment conditions, activities
in the economy are classified as organised
and unorganised. The organised sector offers job security and employment benefits,
while the unorganised sector is marked by low wages and lack of job security.
classification of economic activities into primary, secondary
and tertiary sector is useful as it helps
in estimating the relative importance in the growth in GDP of the economy. Classifying in such a way
helps in calculating how much goods and services are produced and how many
people work in each sector.
On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security. classification of economic activities into primary, secondary and tertiary sector is useful as it helps in estimating the relative importance in the growth in GDP of the economy. Classifying in such a way helps in calculating how much goods and services are produced and how many people work in each sector.
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