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How are the activities in an economy classified on the basis of employment condition?
Activities in an economy are classified based on employment conditions into three main categories: organized sector, unorganized sector, and self-employment. The organized sector includes formal employment with regulated working conditions, benefits, and job security, typically associated with registered companies and government jobs. The unorganized sector encompasses informal employment that lacks formal contracts, job security, and benefits, often involving small businesses or casual labor. Self-employment refers to individuals working for themselves, managing their own businesses, and bearing the financial risks associated with their ventures.
What else can I help you with?
What is formal economy?
A formal economy is an official economy, as recognized by the government and baised on paid employment
Full employment is a contributor mostly to?
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.
What is a formal economy?
A formal economy is an official economy, as recognized by the government and baised on paid employment
What is the economy of North Korea would best be classified as...?
A command economy.
Economy in Britain in 1912?
What was the Economy & Employment like in Britain in the year 1912??
What is formal economy?
A formal economy is an official economy, as recognized by the government and baised on paid employment
Full employment is a contributor mostly to?
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.
What is a formal economy?
A formal economy is an official economy, as recognized by the government and baised on paid employment
What is the economy of North Korea would best be classified as...?
A command economy.
Economy in Britain in 1912?
What was the Economy & Employment like in Britain in the year 1912??
What are the two basic activities undertaken in any economy?
two basic activities undertaken in an economy
What is the purpose of the activities in a tradtional economy?
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.
What are the role of enterpreneurship in Nigerian economy?
Employment generation
How is who is help you to down economy?
In the present condition of economy only no one can help you in down condition .
How was the United state economy linked to the broader global economy during the cold war?
Defense employment was usually available. Employment was usually better when the nation had a purpose.
What do small businesses do for the Australian economy?
create employment and stimulate economy as they have to pay a fee to the government.
Is the South African economy classified as a command or market economy?
yes, South Africa is a Pure market economy
