- Question Answer
- How are the activities in the economy classified on the basis of employment conditions
. How are the activities in the economy classified on the basis of employment conditions
Answer: On the basis of the employment conditions, the economy can be classified into two sectors:
i. Organised Sector: Enterprises registered under the Government of India, who have an employee-friendly environment and are provided with various facilities including high wages.
ii. Unorganised Sector: Small and scattered units which are temporary. The employees in this sector are paid less.