ECONOMY - LABOUR POLICIES OF UNION AND STATE GOVERNMENTS
In an Economic Development of a country, the importance of Human Resources always persists.
In an Economy according to Work done and occupation of the worker, it is to be observed that Working class population would be working in three sectors, i.e.,
1. Primary Sector(Agricultural Sector)
2. Secondary Sector (Industrial Sector)
3. Tertiary Sector (Service Sector)
If there are more number of worker working in Agricultural Sector which Primary Sector, then per capita Income would be minimum whereas if there are more number of worker working in Secondary and Tertiary Sectors, then the per capita would be maximum.
In accordance to Employment in the countries of the World, it is to be observed that level of investment is changing from primary sector to secondary sector.
According to A.G.B. Fisher, there is an inversely proportional relationship between more per capita income and percentage of worker working in agricultural sector.
If there are more number of worker working in Agricultural Sector which Primary Sector, then per capita Income would be minimum whereas if there are more number of worker working in Secondary and Tertiary Sectors, then the per capita would be maximum.
In accordance to Employment in the countries of the World, it is to be observed that level of investment is changing from primary sector to secondary sector.
According to A.G.B. Fisher, there is an inversely proportional relationship between more per capita income and percentage of worker working in agricultural sector.
Post a Comment