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Read the text given below and answer the following questions:
In the case of India, we have unemployment in rural and urban areas. However, the nature of unemployment differs in rural and urban areas. In the case of rural areas, there is seasonal and disguised unemployment. Urban areas have mostly educated unemployment. Many youths with matriculation, graduation and post-graduation degrees are not able to find jobs. A study showed that unemployment of graduates and post-graduate has increased faster than among matriculates. Unemployment has a detrimental impact on the overall growth of an economy. Increase in unemployment is an indicator of a depressed economy. In the case of India, statistically, the unemployment rate is low.
Q. Which is the most labour absorbing sector of the economy?
  • a)
    Manufacturing
  • b)
    Agricultural
  • c)
    Service
  • d)
    All of the above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
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Agriculture is the most labour absorbing sector in India because the secondary and tertiary sectors still failed to provide more employment opportunities to a majority of the Indian people, so the people are forced to engage themselves in agriculture.
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Read the text given below and answer the following questions:In the c...
Most Labour Absorbing Sector of the Economy: Agricultural

Unemployment in India is a significant issue, and it affects both rural and urban areas. However, the nature of unemployment differs in these two regions. In rural areas, there is seasonal and disguised unemployment, while urban areas experience mostly educated unemployment, where individuals with matriculation, graduation, and post-graduation degrees struggle to find suitable employment opportunities.

Unemployment among Graduates and Post-graduates

According to a study, unemployment among graduates and post-graduates in India has been increasing at a faster rate compared to matriculates. This indicates that even individuals with higher levels of education are facing difficulties in securing jobs. This trend is concerning as it suggests a mismatch between the skills and qualifications possessed by the workforce and the requirements of the job market.

Impact of Unemployment on Economic Growth

Unemployment has a detrimental impact on the overall growth of an economy. When individuals are unable to find employment, it leads to a decrease in their purchasing power, which subsequently affects consumer demand. Reduced consumer demand can hamper the growth of various sectors, including manufacturing, services, and agriculture.

Statistical Perspective

Statistically, the unemployment rate in India may appear low. However, it is essential to consider the quality of employment opportunities available. Many individuals are forced to take up low-paying or informal jobs due to the lack of suitable options. This underemployment can lead to lower productivity and hinder overall economic development.

The Most Labour Absorbing Sector: Agriculture

Among the various sectors of the economy, agriculture is considered the most labour absorbing. This means that a significant portion of the population in rural areas depends on agriculture for their livelihood. Agriculture provides employment opportunities throughout the year, and the demand for labor increases during peak seasons for sowing, harvesting, and other agricultural activities.

Why Agriculture is the Most Labour Absorbing Sector?

1. Seasonal Demand: Agricultural activities have distinct seasons, and each season requires a different type of labor. This creates year-round employment opportunities for individuals in rural areas.

2. Dependence on Natural Resources: Agriculture relies heavily on natural resources like land, water, and climate. As a result, it requires a significant amount of manual labor for activities such as plowing, sowing, irrigation, and harvesting.

3. Subsistence Farming: In many rural areas, agriculture is primarily practiced for subsistence purposes. Small-scale farmers rely on family labor, which further contributes to the employment generation in the agricultural sector.

4. Value Chain: Agriculture is not limited to primary production; it has an extensive value chain that includes processing, storage, transportation, and marketing. These activities also create employment opportunities in rural areas.

5. Government Initiatives: The government often implements various schemes and programs to support agricultural development and improve rural livelihoods. These initiatives aim to generate employment opportunities in the agricultural sector.

In conclusion, while unemployment is a significant issue in both rural and urban areas of India, the agricultural sector stands out as the most labor absorbing. It provides year-round employment opportunities, especially in rural areas, due to its seasonal demand, dependence on natural resources, and the presence of a comprehensive value chain.
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Read the text given below and answer the following questions:In the case of India, we have unemployment in rural and urban areas. However, the nature of unemployment differs in rural and urban areas. In the case of rural areas, there is seasonal and disguised unemployment. Urban areas have mostly educated unemployment. Many youths with matriculation, graduation and post-graduation degrees are not able to find jobs. A study showed that unemployment of graduates and post-graduate has increased faster than among matriculates. Unemployment has a detrimental impact on the overall growth of an economy. Increase in unemployment is an indicator of a depressed economy. In the case of India, statistically, the unemployment rate is low.Q. Which is the most labour absorbing sector of the economy?a)Manufacturingb)Agriculturalc)Serviced)All of the aboveCorrect answer is option 'B'. Can you explain this answer?
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Read the text given below and answer the following questions:In the case of India, we have unemployment in rural and urban areas. However, the nature of unemployment differs in rural and urban areas. In the case of rural areas, there is seasonal and disguised unemployment. Urban areas have mostly educated unemployment. Many youths with matriculation, graduation and post-graduation degrees are not able to find jobs. A study showed that unemployment of graduates and post-graduate has increased faster than among matriculates. Unemployment has a detrimental impact on the overall growth of an economy. Increase in unemployment is an indicator of a depressed economy. In the case of India, statistically, the unemployment rate is low.Q. Which is the most labour absorbing sector of the economy?a)Manufacturingb)Agriculturalc)Serviced)All of the aboveCorrect answer is option 'B'. Can you explain this answer? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Read the text given below and answer the following questions:In the case of India, we have unemployment in rural and urban areas. However, the nature of unemployment differs in rural and urban areas. In the case of rural areas, there is seasonal and disguised unemployment. Urban areas have mostly educated unemployment. Many youths with matriculation, graduation and post-graduation degrees are not able to find jobs. A study showed that unemployment of graduates and post-graduate has increased faster than among matriculates. Unemployment has a detrimental impact on the overall growth of an economy. Increase in unemployment is an indicator of a depressed economy. In the case of India, statistically, the unemployment rate is low.Q. Which is the most labour absorbing sector of the economy?a)Manufacturingb)Agriculturalc)Serviced)All of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the text given below and answer the following questions:In the case of India, we have unemployment in rural and urban areas. However, the nature of unemployment differs in rural and urban areas. In the case of rural areas, there is seasonal and disguised unemployment. Urban areas have mostly educated unemployment. Many youths with matriculation, graduation and post-graduation degrees are not able to find jobs. A study showed that unemployment of graduates and post-graduate has increased faster than among matriculates. Unemployment has a detrimental impact on the overall growth of an economy. Increase in unemployment is an indicator of a depressed economy. In the case of India, statistically, the unemployment rate is low.Q. Which is the most labour absorbing sector of the economy?a)Manufacturingb)Agriculturalc)Serviced)All of the aboveCorrect answer is option 'B'. Can you explain this answer?.
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