Class 11 Economics - Indian Economic Development - Chapter Employment: Growth, Informalisation and Other Issues NCERT Solutions | The newly emerging jobs are found mostly

Welcome to the NCERT Solutions for Class 11th Economics - Indian Economic Development - Chapter Employment: Growth, Informalisation and Other Issues. This page offers a step-by-step solution to the specific question from Exercise 1, Question 5: the newly emerging jobs are found mostly in the se....
Question 5

The newly emerging jobs are found mostly in the sector (service/manufacturing).

Answer

The newly emerging jobs are found mostly in the service sector.

The service sector is taking a lead over the manufacturing sector as a source of employment. It includes trade, commerce, banking, insurance, health and other services. These services are developing at a faster pace than the manufacturing and other allied production activities. This is because of the globalisation of the economy.

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