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SAI INTERNATIONAL SCHOOL


                                                    ECONOMICS

                                                       Class-XII


                                                  LESSON NOTES

                                   [INDIAN ECONOMIC DEVELOPMENT]


                                                  CHAPTER -7


                                               EMPLOYMENT


                                                   (Module-49)



               TOPIC


                            Basic concepts
                            Participation of people in employment

                            Meaning of employment
                            Distribution of employment

                              -Gender wise
                              -Region wise
                              -Sector wise
                              -Rural & Urban


               SHORT NOTES:


               Why do people work? Work plays an important role in our lives. People work

               for earning a living, being employed in work gives us a sense of self-worth&
               enable us to relate ourselves meaningfully with others.

               BASIC CONCEPTS:


                    WORKERS: All those persons who are engaged in production activities
                       are called workers.

                    LABOUR FORCE [L F]: Includes all those persons who are actually
                       employed in some kind of economic activities within the age group of 15
                       to 60 years.

                                                L F= Employed + Unemployed
                                                 L F =Persons working+ persons seeking work
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