The second chapter in Economics textbook is 'Sectors of the Indian Economy'. In this chapter, 3 types of classifications of economy are explained i.e primary, secondary and tertiary.
Primary sector
When we produce goods by exploiting natural resources, it is an activity of the primary sector.
Secondary sector
It covers activities in which natural products are changed into other forms through ways of manufacturing, it is also called as industrial sector.
Tertiary sector
These are the activities that help in the development of the primary & secondary sector. These activities by do not produce goods by themselves but they are an aid and support to the production process.
The topics discussed in this chapter are as follows:
- Sectors of Economic Activities
- Comparing the three sectors
- Division of sectors as organised and unorganised
- Sectors in term of ownership: Public and Private
- Responsibilities of Government
Students can view and download the chapter from the link given below.
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NCERT Solutions for Chapter 2: Sectors of Indian Economy
Also Check
Chapter 1: Development
Chapter 3: Money and Credit
Chapter 4: Globalisation and the Indian Economy
Chapter 5: Consumer Rights
Check out Frequently Asked Questions (FAQs) for Chapter 2: Sectors of Indian Economy
How do we get the Gross Domestic Product (GDP) of a country?
The sum of production in the three sectors gives the Gross Domestic Product of a country.
In which sector are most of the people employed now-a-days?
The service sector
Why is the tertiary sector becoming very important in India?
The major factor is the necessity of basic services such as hospitals, educational institutions, post and telegraph services, police stations, courts etc.
What is disguised unemployment?
This kind of under-employment is hidden in contrast to someone who does not have a job and is clearly visible as unemployed. Hence it is called disguised unemployment.
State one feature of NREGA 2005.
Under NREGA – National Rural Employment Guarantee Act 2005, all those who are able to, and are in need of work, have been guaranteed 100 days of employment in a year by the government.