Economics
Make a long list of all kinds of work that you find adults around you doing for a living. In what way can you classify them? Explain your choice.
Econ Sectors Ind
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Answer
- I can find a lot of service providers like delivery boys, cab drivers, vegetable vendors, car-service centres, hospitals, schools, banks etc. All these come under tertiary sector. They may or may not assist in production of goods but provide us with different services.
- I can also find people working in factories, food processing industries and garment manufacturing units. All these come under secondary sector. The secondary sector covers activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity.
- There are some adults who work in dairy farms and agricultural fields. They work in primary sector as they produce goods by exploiting natural resources.
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Related Questions
Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.
For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.
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What do you understand by disguised unemployment? Explain with an example each from the urban and rural areas.