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Solved Economics Assignment-7
Solved Economics Assignment-7
Solved Economics Assignment-7
Ans.
1. (c) Underemployment occurs when people are working less than what they are capable
of doing.
3.
a) Which was the largest producing sector in 1973-74?
b) Which is the largest producing sector in 2013-14?
c) Can you say which sector has grown the most over forty years?
d) What was the GDP of India in 2013-14?
Ans.
a) Primary sector was the largest producing sector in 1973-74.
b) Tertiary sector is the largest producing sector in 2013-14.
c) Tertiary sector has grown the most over forty years.
d) The GDP of India in 2013-14 was more than ₹ 55 lakhs crores.
6. A push cart vendor in the urban areas maybe underemployed. Justify with reason.
Ans.
6. A push cart vendor in the urban areas might not be working to his potential. Also, people
prefer neighbourhood markets and online shopping. Thus he may be underemployed.