Class 11 Economics - Indian Economic Development - Chapter Employment: Growth, Informalisation and Other Issues NCERT Solutions | An establishment with four hired workers

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 6: an establishment with four hired workers is known....
Question 6

An establishment with four hired workers is known as (formal/informal) sector establishment.

Answer

An establishment with four hired workers is known as informal sector establishment. An informal sector is an unorganised sector of the economy. It includes all enterprises that hire less than 10 workers, except farming and self employment ventures. Therefore, an establishment with four hired workers is known as informal sector establishment.

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