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Structural Changes (Change in Occupational Workforce) Video Lecture | Indian Economy for State PSC Exams - BPSC (Bihar)
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FAQs on Structural Changes (Change in Occupational Workforce) Video Lecture - Indian Economy for State PSC Exams - BPSC (Bihar)
| 1. What are structural changes in the occupational workforce? |  |
Ans. Structural changes in the occupational workforce refer to significant shifts or modifications in the composition and nature of different occupations within an economy. These changes can result from various factors such as technological advancements, globalization, changes in consumer preferences, and economic transformations.
| 2. What are some examples of structural changes in the occupational workforce? | |
Ans. Some examples of structural changes in the occupational workforce include the decline of traditional manufacturing jobs due to automation and outsourcing, the rise of new occupations related to information technology and digital services, the emergence of gig economy jobs, and the changing skill requirements within industries.
| 3. How do structural changes affect the occupational workforce? | |
Ans. Structural changes can have both positive and negative impacts on the occupational workforce. On one hand, they can create new job opportunities, improve productivity, and lead to economic growth. On the other hand, they can also result in job losses, unemployment, and skill gaps, requiring individuals to adapt and acquire new skills to remain employable.
| 4. What are the implications of structural changes on the economy? | |
Ans. Structural changes in the occupational workforce can have significant implications for the economy. They can contribute to changes in income distribution, affect regional disparities, influence the overall productivity levels, and impact the competitiveness of industries. Governments and policymakers often need to address these implications through targeted policies and interventions.
| 5. How can individuals cope with the effects of structural changes in the occupational workforce? | |
Ans. To cope with the effects of structural changes, individuals can focus on continuous learning and upgrading their skills to remain relevant in the job market. They can also explore entrepreneurship and self-employment opportunities, seek retraining and reskilling programs, leverage networking and professional connections, and adapt to changing industry trends. Additionally, government support in the form of robust social safety nets and skill development initiatives can also help individuals navigate through these changes.
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