NCERT Class 10 Social Science Economics Solutions: Chapter 2-Sectors of the Indian Economy Part 5

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Question 19:

Discuss and fill the following table giving one example each from your area.

The Following Table Giving From Your Area (Q)
The following table giving from your area (Q)

Well-managed organisation

Badly-managed organisation

Public sector

Private sector

Answer:

The Following Table Giving From Your Area (A)
The following table giving from your area (A)

Well-managed organisation

Badly-managed organisation

Public sector

Delhi Metro Rail Corporation.

Air India.

Private sector

Reliance Mobile.

Satyam.

Question 20:

Give a few examples of public sector activities and explain why the government has taken them up.

Image result for public sector

Public Sector

Image result for public sector

Answer:

A few examples of public sector activities are provision of water, electricity and some modes of transport. The government has taken these up because water and power are needed by everyone, if the work of providing electricity and water is left to private enterprises, the latter might exploit this opportunity and sell these at rates which the masses cannot afford.

Hence, to ensure that basic amenities like water and power are available for all, the government supplies these at low and affordable rates.

Question 21:

Explain how public sector contributes to the economic development of a nation.

Answer:

In the following ways Public sector contributes to the economic development of a nation:

  • It promotes rapid economic development through creation and expansion of infrastructure.

  • It creates employment opportunities.

  • It generates financial resources for development.

  • It is ensuring equality of income, wealth and thus, a balanced regional development.

  • It encourages development of small, medium and cottage industries.

  • It ensures easy availability of goods at moderate rates.

  • Contributes to community development i.e. to the Human Development Index (HDI) via health and educational services.

Question 22:

The workers in the unorganised sector need protection on the following issues: wages, safety and health, Explain with examples.

Answer:

The workers in the ungrounded sector need protection :-> wages: Labourers who are employed as repair person, vendor etc. do not have fixed income. They nearly manage to earn their living. They are not employed all through the year.

Safety: Workers in unorganized sector are not provided with safe drinking water or clean environment. E.g., Working in mining, chemical industries is hazardous.

Health: Leave not granted in case of sickness. Medical facilities are not offered. E.g., Construction workers.