CBSE Class 10 Social Science Sectors Of Indian Economy Notes Set B

Download CBSE Class 10 Social Science Sectors Of Indian Economy Notes Set C in PDF format. All Revision notes for Class 10 Economics have been designed as per the latest syllabus and updated chapters given in your textbook for Economics in Standard 10. Our teachers have designed these concept notes for the benefit of Grade 10 students. You should use these chapter wise notes for revision on daily basis. These study notes can also be used for learning each chapter and its important and difficult topics or revision just before your exams to help you get better scores in upcoming examinations, You can also use Printable notes for Class 10 Economics for faster revision of difficult topics and get higher rank. After reading these notes also refer to MCQ questions for Class 10 Economics given our website

Sectors Of Indian Economy Class 10 Economics Revision Notes

Class 10 Economics students should refer to the following concepts and notes for Sectors Of Indian Economy in standard 10. These exam notes for Grade 10 Economics will be very useful for upcoming class tests and examinations and help you to score good marks

Sectors Of Indian Economy Notes Class 10 Economics

Lesson No. 2

Sectors of the Indian Economy

Sector of Economic Activities :

Primary Sector : When we produce a good by exploiting natural resources. It is an activity of the primary sector also known as agriculture and related sector. 

Secondary Sector : Natural products are changed into others forms through ways of manufacturing. Also known as Industrial sector. 

Tertiary Sector : These activities , by themselves, do not produce a good but they are an aid or a support for the production process. Also known as service sector.

Gross Domestic Production : the total value of final goods and services produced in each sector during a particular year provides the total production of the sector for that year.

Rising importance of the Tertiary Sector :

- In any country several services such as hospitals, educational institution, defence, transport, banks etc. are required.

- The development of agriculture and industry leads to the development of services such transport, banks are required.

- The development of agriculture and industry lends to the development of services such as transport, trade, storage.

- As income levels rise, certain sections of people start demanding many more services like tourism, shopping, private hospitals and private schools etc.

- Over the past decade or so certain new services such as those based on information and communications technology.

Disguised unemployment : More people engaged in than the people required for work. People do less work than their efficiency. National Rural Employment Guarantee Act 2005

- 100 days work guarantee in year by the government.

- If government fails in its duty to provide employment. It will give unemployment allowances.

- Types of work given to improve production of land.

Organised Sector :

- Terms of employment are regular

- Registered by government

Follows various rules and regulations

- It has some formal processes and procedures.

Unorganised Sector :

- Small and scattered units which are largely outside the control of the government.

- There are rules and regulations but these are not followed.

- Employment is not secure.

Questions :

1. Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain .

2. How is the tertiary sector different from other sectors? Illustrate with a few examples.

3. What do you understand by disguised unemployment? Explain with an example each from the urban and rural areas.

4. “Tertiary sector is not playing any significant role in the development of Indian Economy”. Do you agree? Give reason in support of your answer.

Please refer to attached file for CBSE Class 10 Social Science Sectors Of Indian Economy Notes Set B



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