PHPWord

Extra 20 long-answer questions and answers (5-6 points each) from Chapter: Sectors of the Indian Economy of Class 10 CBSE Economics:

1-10: Types of Sectors & Their Importance

1. What are the different sectors of the Indian economy? Explain with examples.

Ans: The Indian economy is divided into three sectors:

Primary Sector:

Activities involving natural resources like agriculture, fishing, mining, and forestry. Example: Farming.

Secondary Sector:

Includes industries that process raw materials into finished goods. Example: Textile factories, iron and steel industries.

Tertiary Sector:

Provides services instead of goods. Example: Banking,

education, transport.

Interdependence:

The primary sector provides raw materials, the secondary sector processes them, and the tertiary sector supports both.

Contribution to GDP:

The tertiary sector contributes the most to India's GDP.

Employment Trends:

The primary sector employs the most workers, while the tertiary sector is growing rapidly.

2. Why is the primary sector important in the Indian economy?

Ans: The primary sector plays a crucial role in India's economy due to:

Major Employment Provider:

More than 40% of India’s workforce is in agriculture.

Source of Raw Materials:

Provides essential resources like cotton, wheat, and minerals for industries.

Supports Industrial Growth:

Raw materials from this sector fuel manufacturing and processing industries.

Contribution to GDP:

Although its share in GDP is decreasing, it remains vital for economic stability.

Food Security:

Ensures a stable food supply for the population.

Rural Development:

Helps in reducing poverty and supporting rural livelihoods.

3. What are the features of the secondary sector?

Ans: The secondary sector is crucial for economic development and includes:

Manufacturing & Construction:

Converts raw materials into finished goods (e.g., steel, textiles).

Industrial Growth:

Supports national economic growth and modernization.

Employment Generation:

Provides jobs in factories and industrial plants.

Urbanization:

Leads to the development of cities and better infrastructure.

Technological Advancement:

Encourages innovation and productivity.

Exports & Trade:

Industrial products are exported, boosting foreign exchange earnings.

4. Why is the tertiary sector important in India?

Ans: The tertiary sector has gained significance because:

Largest GDP Contributor:

The service sector contributes the most to India’s economy.

Employment Growth:

Generates jobs in IT, healthcare, education, banking, and transport.

Support to Other Sectors:

Provides logistics, banking, and communication to industries and agriculture.

Urbanization Impact:

Cities require more services like retail, hotels, and entertainment.

IT and Technology Boom:

The growth of software companies has boosted India's global presence.

Government and Public Services:

Includes essential services like law enforcement,

defense

, and administration.

5. Differentiate between the primary, secondary, and tertiary sectors.

Ans:

Feature

Primary Sector

Secondary Sector

Tertiary Sector

Definition

Uses natural resources

Manufactures goods

Provides services

Examples

Farming, fishing

Steel production, textiles

Banking, education

Contribution to GDP

Decreasing

Moderate

Highest

Employment

Largest employer

Growing employment

Increasing rapidly

Importance

Food security, raw materials

Industrial growth

Supports other sectors

6-10: Organized vs. Unorganized & Employment

6. What are the differences between the organized and unorganized sectors?

Ans:

Feature

Organized Sector

Unorganized Sector

Job Security

Yes

No

Fixed Wages

Yes

No, irregular income

Government Regulation

Yes

No

Benefits (PF, Insurance, etc.)

Provided

Not provided

Examples

Government jobs, MNCs

Daily wage laborers, small shops

7. Why do workers in the unorganized sector need protection?

Ans:

Job Insecurity:

They can be removed from work anytime.

No Fixed Wages:

Income depends on daily earnings, leading to financial instability.

Lack of Benefits:

No pension, insurance, or job security.

Exploitation:

Employers may force long working hours with low pay.

Unsafe Working Conditions:

No health benefits, increasing workplace hazards.

Child

Labor

Issues:

Many children are forced into work due to poverty.

8. What is disguised unemployment? Explain with an example.

Ans:

Definition:

When more people work than required, without increasing productivity.

Example:

A family of six working on a small farm, but only three are actually needed.

Common in Agriculture:

Many rural families have disguised unemployment.

Hidden Unemployment:

Workers appear employed but do not contribute much.

Effect on Economy:

Reduces productivity and economic growth.

Solution:

Providing alternative employment opportunities.

9. What is seasonal unemployment?

Ans:

Definition:

When workers remain unemployed for part of the year.

Example:

Farmers who are jobless between sowing and harvesting seasons.

Common in Agriculture:

Rural workers suffer seasonal job losses.

Low Income Levels:

Irregular work leads to poverty.

Solution:

Government programs like MGNREGA offer alternative jobs.

Diversification Needed:

Encouraging rural industries and small businesses.

10. How does MGNREGA 2005 help reduce unemployment?

Ans:

Full Form:

Mahatma Gandhi National Rural Employment Guarantee Act.

Objective:

Provides 100 days of guaranteed wage employment.

Target Group:

Focuses on rural workers and poor households.

Impact on Unemployment:

Reduces seasonal and disguised unemployment.

Infrastructure Development:

Workers build roads, water conservation projects.

Women Empowerment:

Encourages female participation in the workforce.

11-20: Public vs Private Sector & Government Role

11. What are the differences between the public and private sectors?

Feature

Public Sector

Private Sector

Ownership

Government

Individuals/Companies

Objective

Welfare of society

Profit-making

Examples

Indian Railways, ONGC

Tata, Reliance

Employment

Job security

High wages but job instability

12. Why is the government involved in the public sector?

Ans:

Provides Essential Services:

Roads, electricity, healthcare.

Ensures Economic Equality:

Reduces income gaps by creating jobs.

Supports Poor Sections:

Free education, ration distribution.

Infrastructure Development:

Builds roads, bridges, and power plants.

National Security:

Maintains

defense

industries.

Regulates Private Sector:

Prevents unfair trade practices

 

13. Why is the tertiary sector growing in importance in India?

Ans: The tertiary sector is expanding due to several factors:

Rising Demand for Services:

More people need services like healthcare, banking, and education.

Urbanization:

As cities grow, services like transport and IT increase.

Growth of IT & Communication:

The software industry and online services are expanding rapidly.

Support for Other Sectors:

The tertiary sector helps the primary and secondary sectors function effectively.

Government Initiatives:

Public services like education, transport, and tourism have increased.

Foreign Investment:

Global companies invest in India’s service sector, boosting its growth.

14. What are the advantages of employment in the organized sector?

Ans: The organized sector provides better working conditions, such as:

Fixed Working Hours:

Employees work for a set number of hours.

Job Security:

Workers cannot be fired without valid reasons.

Fair Wages:

Salaries are fixed and regulated by

labor

laws.

Additional Benefits:

Employees get pensions, insurance, and paid leave.

Safe Working Conditions:

Companies must follow safety regulations.

Legal Protection:

Workers have rights under government laws.

15. What are the disadvantages of the unorganized sector?

Ans: Workers in the unorganized sector face many difficulties:

Low Wages:

No fixed income, leading to financial instability.

No Job Security:

Workers can be fired anytime.

Lack of Benefits:

No pension, medical insurance, or paid leave.

Poor Working Conditions:

No proper safety measures at workplaces.

Irregular Working Hours:

Employees may have to work long shifts.

Exploitation:

Employers may take advantage of workers' lack of awareness about

labor

laws.

16. How does the public sector contribute to economic development?

Ans: The public sector plays a crucial role in economic growth:

Provides Infrastructure:

Builds roads, railways, electricity, and water supply.

Ensures Employment:

Offers stable jobs in government departments and industries.

Supports the Poor:

Provides education, healthcare, and food security schemes.

Develops Industries:

Supports industries like steel, oil, and

defense

, which are vital for the economy.

Promotes Regional Growth:

Helps underdeveloped areas grow by setting up government projects.

Ensures National Security:

Manages

defense

and public safety services.

17. How do different sectors of the economy depend on each other?

Ans: The primary, secondary, and tertiary sectors are interdependent:

Primary to Secondary:

Raw materials from agriculture and mining (primary sector) are used in manufacturing (secondary sector).

Secondary to Tertiary:

Manufactured goods need transport, marketing, and banking services (tertiary sector).

Tertiary to Primary & Secondary:

Services like education and healthcare improve

labor

productivity in both sectors.

Agriculture Needs Services:

Farmers require transportation, storage, and financial services.

Industries Depend on Power & Transport:

Factories need electricity, roads, and skilled

labor

.

Economic Growth Needs All Sectors:

A balanced economy requires all three sectors to function smoothly.

18. What is the role of the private sector in economic development?

Ans: The private sector plays an important role in India’s economic growth:

Industrial Growth:

Private industries expand manufacturing and exports.

Employment Generation:

Private companies create jobs in various fields.

Innovation and Technology:

Private firms invest in research and new technologies.

Increases Government Revenue:

Private businesses pay taxes that fund public services.

Encourages Competition:

Leads to better products and services for consumers.

Attracts Foreign Investment:

Helps in economic globalization and trade expansion.

19. What are the problems faced by the primary sector in India?

Ans: The primary sector, especially agriculture, faces several issues:

Low Productivity:

Traditional farming methods lead to low output.

Seasonal Unemployment:

Farmers remain jobless between harvests.

Unreliable Monsoons:

Rain-dependent farming affects production.

Lack of Modern Equipment:

Many farmers still use outdated tools.

Price Fluctuations:

Farmers face income instability due to changing crop prices.

Land Fragmentation:

Small landholdings reduce efficiency in farming.

20. How can the government support workers in the unorganized sector?

Ans: The government can take steps to improve working conditions:

Minimum Wage Laws:

Ensuring fair salaries for workers.

Providing Social Security:

Expanding pension and insurance schemes.

Improving Work Conditions:

Enforcing

labor

laws in informal industries.

Encouraging Skill Development:

Training workers to help them find better jobs.

Promoting Small-Scale Industries:

Supporting small businesses to create employment.

Expanding Employment Schemes:

Strengthening programs like MGNREGA for rural workers

 

ad-nav-right.webp
ad-nav-right.webp
ad-nav-right.webp