Economic Activities by Men and Women
Vilas and Sakal are examples of individuals engaged in various activities, classified into primary, secondary, and tertiary sectors. Primary sectors include agriculture, forestry, animal husbandry, fishing, poultry farming, mining, and quarrying. Secondary sectors include manufacturing and trade, transport, communication, banking, education, health, tourism, services, and insurance. Economic activities, which contribute to the national income, have two parts: market activities and non-market activities. Women are not paid for their domestic work, and their earnings are determined by education and skill. However, many women have meagre education and low skill formation, leading to low wages and job security. Employment in the informal sector is characterized by irregular and low income, with no basic facilities like maternity leave, childcare, and social security systems. High-education and skill formation women are paid at par with men.
NCERT Revision Notes Class-9 Economics Chapter-2: People As Resource
The chapter ‘People as Resource‘ is an effort to explain the population as an asset for the economy rather than a liability. The chapter highlights the importance of human capital, which includes people’s skills, knowledge, and abilities, in driving economic growth and development. Human capital is the stock of knowledge, skills, and abilities embodied in the population. It is a key factor in economic growth, as it determines the productivity of labor.
Table of Content
- Overview
- Economic Activities by Men and Women
- Quality of Population