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Question
Assess any three advantages of multinational corporations.
Solution
Advantages of MNCs are :
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Better employment opportunities
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Employment of new technologies
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Improvement in infrastructure
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Availability of a variety of goods
RELATED QUESTIONS
For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.
Make a long list of all kinds of work that you find adults around you doing for a living. In what way can you classify them? Explain your choice.
What do you understand by disguised unemployment? Explain with an example each from the urban and rural areas.
Distinguish between open unemployment and disguised unemployment.
How are the activities in the economy classified on the basis of employment conditions?
Explain the objective of implementing the NREGA 2005.
Highlight any five ways to increase employment in India.
