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10th Class Chapter No 25 - Economics-Sectors of the Indian Economy in Economics for CBSE NCERT

Introduction to Indian Economy:- Low per capita income. Inequalities in income distribution. Predominance of agriculture. (More than 2/3rd of India's working population is engaged in agriculture. But in USA only 2% of the working population is engaged in agriculture.) Rapidly growing population with 1.2% annual change. Chronic unemployment (A person is considered employed if he / she works for 273 days of a year for eight hours every day.)Unemployment in India is mainly structural in nature. Low rate of capital formation due to less saving rate. Dualistic Nature of Economy (features of a modern economy, as well as traditional).Mixed Economy Follows Labour Intensive Techniques and activities.

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Posted in 10th on February 13 2019 at 03:29 PM

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