ns15 The Government should bring the unorganized sector too under its purview. Even
if not controlling all details, the basic facts like maximum work hours, leaves
and minimum pay should be seen to. NGOs too can take some active steps to work
for the toiling labours. What is actually needed is awareness among these labours
about their rights and this can be provided by primarily educating them and giving
them training.
A formal economy is an official economy, as recognized by the government and baised on paid employment
Full employment in a society contributes to a thriving economy. When there is under-employment in a society, the economy begins to lag because the population will not be spending much.
two basic activities undertaken in an economy
A command economy.
A formal economy is an official economy, as recognized by the government and baised on paid employment
What was the Economy & Employment like in Britain in the year 1912??
Activities spark a good economic flow in a traditional economy. With activities being created and done, economy also moves in either a progressive or regressive form.
Employment generation
Defense employment was usually available. Employment was usually better when the nation had a purpose.
yes, South Africa is a Pure market economy
create employment and stimulate economy as they have to pay a fee to the government.
Traditional Economy