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12th Class Chapter No 13 - Employment Growth Informalisation in Economics for CBSE NCERT

Work plays an important role in our lives as an individual and as members of society. A worker is an individual, who is involved in some productive activity, to earn a living. An economic activity refers to the activity performed by people to earn the living. The main three types of economic activities are consumption, production and distribution. Production activity refers to all those activities which are under taken to produce goods and services for generation of income. Labour force: All persons, who are working (have a job) and those are not working but able to work and willing to work at the existing wage rate constitutes labour force.
Posted in 12th on February 13 2019 at 03:29 PM

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