When We Produce Goods by Exploiting the Natural Resources, in Which Category of Economic Sector Such Activities Come?
When goods are produced by exploiting the natural resources, it is an activity of the primary sector.
Sectors of the Indian Economy
Who Has the Ownership of the Assets in the Public Sector?
The ownership of the assets in the public sector is with the government.
What Does GDP Stands for?
GDP stands for Gross Domestic Product.
Where Is the Disguised Employment Found Mostly?
The disguised employment is mostly found in the agriculture sector.
What Was the Most Important Sector of Economic Activities at the Earliest Stages of Development?
Primary sector was the most important sector of economic activities at the earliest stages of development.
Name the Sector in Which the Natural Products Are Changed Into Other Forms.
Primary sector is the sector in which the natural products are changed into other forms.
Name the Sector Which Forms the Base for All Other Products.
Primary sector forms the base for all other products.
Give Four Reasons for the Rising of the Tertiary Sector in India.
The four reasons for the rising of the tertiary sector in India are – provision of basic services, rise in income, development of primary and secondary sectors and development of ICT.
Distinguish the Service Conditions of Organised Sector With That of Unorganised Sector.
The service conditions of the organised and the unorganised sector are: Service conditions of Organised sector These are the big units. These units are registered with the government. There are some formal processes and procedures in this sector. Therefore, it is called organised. There is security of employment. Service conditions of unorganised sector These are…