Question 5

The newly emerging jobs are found mostly in the sector (service/manufacturing).

Answer

The newly emerging jobs are found mostly in the service sector.

The service sector is taking a lead over the manufacturing sector as a source of employment. It includes trade, commerce, banking, insurance, health and other services. These services are developing at a faster pace than the manufacturing and other allied production activities. This is because of the globalisation of the economy.

Popular Questions of Class 11 Economics - Indian Economic Development

Write a Comment: