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The unorganised sector offers several advantages, including flexibility in employment opportunities and the ability to absorb a large workforce, which is crucial in economies with high unemployment rates. It often requires lower capital investment, making it accessible for small entrepreneurs and informal workers. Additionally, the unorganised sector can respond quickly to market demands and changes, fostering innovation and adaptability. Lastly, it provides essential services and goods to underserved populations, contributing to overall economic activity.
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What are Disadvantages of primary sector?
less income unorganised sector cant contribute more for the economy
Meaning of unorganised sector?
The unorganised sector of the economy refers to the house-hold based manufacturing activity and small scale and tiny sector of industry.An unorganized sector is one in which there is no stability in profits or gains.Its production is limited and it is confined to limited area.It requires less man power and investment.The handicrafts, artisan professions, khadi and village industries, such as handloom sector, beedi making, agarbatti making, hand paper manufacture and match box industries etc., can be located in the unorganised sector of the Indian economy.
What are the disadvantages of primary sector?
less income unorganised sector cant contribute more for the economy
What are the advantages of the informal sector?
it help to reduce the amount of unemployed
Advantages of tertiary sector?
You can get a way with everything in any way. Lol
What are Disadvantages of primary sector?
less income unorganised sector cant contribute more for the economy
Meaning of unorganised sector?
The unorganised sector of the economy refers to the house-hold based manufacturing activity and small scale and tiny sector of industry.An unorganized sector is one in which there is no stability in profits or gains.Its production is limited and it is confined to limited area.It requires less man power and investment.The handicrafts, artisan professions, khadi and village industries, such as handloom sector, beedi making, agarbatti making, hand paper manufacture and match box industries etc., can be located in the unorganised sector of the Indian economy.
What are the disadvantages of unorganised sector?
In unorganised sector, jobs are low paid and are often not regular. There is no provision for overtime, paid leave, holidays, leave due to sickness etc. Employment is not secure. People can also be asked to leve any time are permanenrlt required.
What are the disadvantages of primary sector?
less income unorganised sector cant contribute more for the economy
What has the author Irene Tom written?
Irene Tom has written: 'Women in unorganised sector' -- subject(s): Employees, Silk industry, Women silk industry workers 'Women in Organised Sector'
Why it is necessary to give protection and support to unorganised sector workers?
Unorganised sector workers are vulnerable to exploitation and often lack access to necessary benefits such as healthcare, social security, and fair wages. Providing them with protection and support can help ensure their basic rights are upheld, improve their working conditions, and enhance overall social and economic development. It is essential for promoting social justice and reducing poverty.
Why more people engaged in organised sector than in unorganised sector?
organised sectors are handled by govt. and have paper work and works according to the rules and laws abided to them. think by your own and try to justify. use ur brain plz.......
What are the advantages and disadvantages of diversified manufacturing sector?
no
Advantages and disadvantages of banking sector?
n
Distinguish features of organised and unorganised financial systems in finance?
What are the features of organised and unorganised
What is the percentage of organised and unorganised retail in India?
what is the percentage of organised oan unorganised retail in india
What are the advantages in privatization of insurance sector?
Some of the advantages of privatization in the insurance sector are that diverse new products can come up as a result of competition. Competition in the insurance sector usually leads to the competitive pricing of various covers.
