Sectors of The Indian Economy Class 10 Notes Economics Chapter 2 – CBSEclass.In

Class 10 Economics Chapter 2 Sectors of the Indian Economy – CBSEclass.In

NCERT Notes

Primary Sector

Primary Sector is a sector of an economy making direct use of its natural resources. This includes agriculture forestry fishing and mining.

Secondary Sector

Example-Manufacturing and industrial activities etc.

Tertiary or Service Sector

All service sector is known as tertiary sector or service sector.

Example – Trade, Transport, Banking, Tourism etc

Private Sector

Private Sector is part of a country’s economic system runs by individuals and companies, rather than the government.

Public Sector

Public Sector usually comprised of organization that are owned and operated by the government and exist to provide services for its citizens.

Organized Sector

Organized Sector is a sector where the employment terms are fixed and regular, and the employees get assured work.

Unorganized Sector

Unorganized Sector is a sector where the employment terms are not fixed and regular, as well as the enterprises, are not registered with the government.

G.D.P

Gross Domestic Product (G.D.P.) is a monetary measure of the market value of all final goods and services produced in a period i.e. Sum of Primary sector+ secondary sector + Tertiary sector.

Hidden Unemployment

When more people are working that is needed and even if some people are removed from work, does not affect the total production. This situation is called disguised unemployment. It is also known as Hidden Unemployment.

Mahatma Gandhi National Rural Employment Guarantee Act was enacted in 2005 which aims to provide employment of 100 days in a year. If it fails to do so, government will provide unemployment allowances to the people.

Read More :

Best Notes of Development Class 10 Economics Chapter 1 – CBSEclass.In

Best Notes of Sectors of the Indian Economy Class 10 Economics Chapter 2 – CBSEclass.In

Best Notes of Money and Credit Class 10 Economics Chapter 3 – CBSEclass.In

Best Notes of Globalisation and the Indian Economy Class 10 Economics Chapter 4 – CBSEclass.In

Best Notes of Resources And Development Class 10 Geography Chapter 1 – CBSEclass.In

Best Notes of Water Resources Class 10 Geography Chapter 3 – CBSEclass.In

Best Notes of Agriculture Class 10 Geography Chapter 4 – CBSEclass.In

Best Notes of Minerals and Energy Resources Class 10 Geography Chapter 5 – CBSEclass.In

Best Notes of Manufacturing Industries Class 10 Geography Chapter 6  – CBSEclass.In

Best Notes of Life Lines of National Economy Class 10 Geography Chapter 7  – CBSEclass.In

Best Notes of Power Sharing  for Class 10 Political Science Chapter 1  – CBSEclass.In
Best Notes of Federalism for Class 10 Political Science Chapter 2  – CBSEclass.In
Best Notes of Democracy and Diversity for Class 10 Political Science Chapter 3  – CBSEclass.In
Best Notes of Gender, Religion and Caste for Class 10 Political Science Chapter 4  – CBSEclass.In
Best Notes of Political Parties for Class 10 Political Science Chapter 6  – CBSEclass.In
Best Notes of Outcomes of Democracy for Class 10 Political Science Chapter 7   – CBSEclass.In
Best Notes of Challanges to Democracy for Class 10 Political Science Chapter 8   – CBSEclass.In

Best Notes of The Rise of Nationalism in Europe Class 10 History Chapter 1  – CBSEclass.In

Best Notes of Nationalism in India Class 10 History Chapter 3  – CBSEclass.In

Best Notes of The Making of a Global World Class 10 History Chapter 4   – CBSEclass.In

Best Notes of The Age of Industrialisation Class 10 History Chapter 5   – CBSEclass.In

Best Notes of Print Culture and The Modern World Class 10 History Chapter 7   – CBSEclass.In

Best Notes of Chemical Reactions and Equations  for Class 10 Chemistry Chapter 1 Science  – CBSEclass.In
Best Notes of Acids, Bases and Salts  for Class 10 Chemistry Chapter 2  Science – CBSEclass.In
Best Notes of Metals and Non – Metals  for Class 10 Chemistry Chapter 3  Science – CBSEclass.In
Best Notes of Carbon and It’s Compounds  for Class 10 Chemistry Chapter 4 Science  – CBSEclass.In
Best Notes of Periodic Classification of Elements  for Class 10 Chemistry Chapter 5 Science  – CBSEclass.In
Best Notes of Life Processes for Class 10 Biology Chapter 6 Science  – CBSEclass.In

Best Notes of Control and Coordination for Class 10 Biology Chapter 7 Science  – CBSEclass.In
Best Notes of How do Organisms Reproduce for Class 10 Biology Chapter 8 Science  – CBSEclass.In
Best Notes of Heredity and Evolution for Class 10 Biology Chapter 9 Science  – CBSEclass.In
Best Notes of Light – Reflection and Refraction for Class 10 Physics Chapter 10 Science  – CBSEclass.In
Best Notes of Human Eye and The Colourful World  for Class 10 Physics Chapter 11 Science  – CBSEclass.In

Best Notes of Electricity  for Class 10 Physics Chapter 12 Science  – CBSEclass.In

Best Notes of Magnetic Effects of Electric Current  for Class 10 Physics Chapter 13 Science  – CBSEclass.In
Best Notes of Sources of Energy  for Class 10 Physics Chapter 14 Science  – CBSEclass.In

Leave a Comment