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Questions and Answers
Which of the following is an example of a worker in the organized sector?
Which of the following is an example of a worker in the organized sector?
A doctor in a hospital works in the unorganized sector.
A doctor in a hospital works in the unorganized sector.
False
What key difference exists between the organized and unorganized sectors?
What key difference exists between the organized and unorganized sectors?
The organized sector offers formal employment with more regulations and benefits, while the unorganized sector lacks formal contracts and protections.
Approximately 85% of the workers in India are in the ______ sector.
Approximately 85% of the workers in India are in the ______ sector.
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Match the following sectors with their estimated number of workers in the organized sector:
Match the following sectors with their estimated number of workers in the organized sector:
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Which of the following is an example of the secondary sector?
Which of the following is an example of the secondary sector?
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The tertiary sector produces manufactured goods.
The tertiary sector produces manufactured goods.
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What is the primary sector mostly dependent on?
What is the primary sector mostly dependent on?
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The _____ sector is also known as the service sector.
The _____ sector is also known as the service sector.
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Match the occupations with their respective economic sectors:
Match the occupations with their respective economic sectors:
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Which sector includes activities like banking and communication?
Which sector includes activities like banking and communication?
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Primary activities include processing natural goods into manufactured products.
Primary activities include processing natural goods into manufactured products.
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How do the secondary and primary sectors depend on each other?
How do the secondary and primary sectors depend on each other?
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What is the primary motive of the private sector?
What is the primary motive of the private sector?
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The public sector is owned by private individuals.
The public sector is owned by private individuals.
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List two examples of services provided by the public sector.
List two examples of services provided by the public sector.
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The public sector is necessary to provide goods that are _______ for the private sector.
The public sector is necessary to provide goods that are _______ for the private sector.
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Match the following individuals with their respective sectors:
Match the following individuals with their respective sectors:
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Why does the government provide electricity to industries at affordable rates?
Why does the government provide electricity to industries at affordable rates?
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Employment opportunities in the organized sector are generally irregular and poorly paid.
Employment opportunities in the organized sector are generally irregular and poorly paid.
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What essential services does the government protect for workers in both the unorganized and organized sectors?
What essential services does the government protect for workers in both the unorganized and organized sectors?
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What is the primary reason only final goods and services are counted in production?
What is the primary reason only final goods and services are counted in production?
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The primary sector has become the most important sector in developed countries.
The primary sector has become the most important sector in developed countries.
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What sector was most important in early stages of development?
What sector was most important in early stages of development?
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The _____ sector has seen the highest increase in production from 1973-74 to 2013-14 in India.
The _____ sector has seen the highest increase in production from 1973-74 to 2013-14 in India.
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Match the sectors with their characteristics:
Match the sectors with their characteristics:
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Which of the following best describes intermediate goods?
Which of the following best describes intermediate goods?
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The growth of the craft, trade, and service sectors occurred after advancements in agriculture.
The growth of the craft, trade, and service sectors occurred after advancements in agriculture.
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What trend has been observed in the three sectors in India from 1973-74 to 2013-14?
What trend has been observed in the three sectors in India from 1973-74 to 2013-14?
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What is one of the reasons the tertiary sector is becoming more important in India?
What is one of the reasons the tertiary sector is becoming more important in India?
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The primary sector is the largest employer in India as of the latest data.
The primary sector is the largest employer in India as of the latest data.
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Name a service that is essential for a country's functioning.
Name a service that is essential for a country's functioning.
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The organized sector provides jobs with _____ salaries and benefits like paid leave.
The organized sector provides jobs with _____ salaries and benefits like paid leave.
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What factor contributes to the rising demand for new services in India?
What factor contributes to the rising demand for new services in India?
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Workers in the unorganized sector typically receive regular salaries and benefits.
Workers in the unorganized sector typically receive regular salaries and benefits.
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Jobs in the unorganized sector often lack security and _____ benefits.
Jobs in the unorganized sector often lack security and _____ benefits.
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Match the following types of sectors with their characteristics:
Match the following types of sectors with their characteristics:
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Study Notes
Economic Activities
- Economic activities are grouped into three main categories: primary, secondary, and tertiary.
- Primary sector: Activities that directly use natural resources (e.g., agriculture, fishing, forestry).
- Secondary sector: Activities that transform natural resources into finished products (e.g., manufacturing, construction).
- Tertiary sector: Activities that provide services (e.g., transportation, trade, communication).
Primary Sector
- This sector involves the direct use of natural resources.
- Activities include agriculture, dairy, fishing, and forestry.
- Natural products are the main output of this sector.
- These activities form the base for all other production.
Secondary Sector
- This sector transforms natural products into manufactured goods.
- Activities relate to industries, workshops, and factories.
- It involves industrial processes to change inputs.
- It is the next step after the primary sector.
Tertiary Sector
- This sector provides services that assist in the primary and secondary sectors.
- Activities include transport, trade, communication, and finance.
- It helps in the distribution and sale of goods.
- This is also known as the service sector.
Dependence Among Sectors
- Sectors are interdependent.
- The primary sector provides raw materials for the secondary sector.
- The secondary sector produces finished goods that the tertiary sector distributes.
- The tertiary sector provides essential services that support all sectors.
Economic Activities Example
- Imagine farmers refusing to sell sugarcane to a sugar mill. The mill would shut down, showing the primary sector's dependence on the secondary sector.
- Consider what happens when cotton farmers cannot sell as much due to import competition. This highlights the interconnectedness of the primary and secondary sectors.
Sectoral Shifts
- Historically, the primary sector has been most important in early stages of development.
- The secondary sector grows as countries develop industries.
- The tertiary sector grows as countries become more developed, increasing in relative importance.
- India's growth pattern in the share of GDP for each sector shows increases over time.
Employment in Sectors
- The share of employment in each sector changes over time.
- The primary sector often remains the largest employer, even as its share of GDP declines.
- The tertiary sector is growing, but the shifts in employment have not matched the changes in production as seen in developed countries.
- Underemployment in the primary sector occurs when people available to work have insufficient work and/or employment opportunities.
- Understanding underemployment, its reasons, consequences, and the ways to deal with it, are crucial for efficient economic development.
Organised and Unorganised Sectors
- The organised sector has formal employment structures (e.g., government regulations, rules, and procedures).
- The unorganised sector has informal and largely unregulated employment arrangements.
- Workers in the organised sector often have better benefits, security, and working conditions than unorganised sector workers.
Protecting Workers in the Unorganised Sector
- Workers in the unorganised sector often lack the protections and employment benefits that are typical of the organised sector.
- Protecting their rights is vital for overall economic and social progress.
How to measure the total output (GDP) in each sector?
- Economists use final goods and services' value to measure a sector's output.
- Intermediate goods are not included.
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Description
Explore the three main categories of economic activities: primary, secondary, and tertiary sectors. Learn how each sector contributes to the economy by utilizing natural resources, transforming them into products, and providing essential services. This quiz will enhance your understanding of these fundamental economic concepts.
