Employment : Growth, Informalisation And Other Issues

Question

Why do people work? Why should we study about working people?

Answer

People work due to following reasons:

1. People work for earning a living.

2. Employment gives a feeling of self-esteem and self-worth.

3. Employment contributes to GDP of the nation.

Reasons for studying about working people : We should study about the working people due to following reasons :

1. Study of working people helps in analysing the significance of different sectors in the growth process of the country.

2. It helps us in analysing many social issues such as social security of the workers, work environment, exploitation of workers etc.

3. It offers insight into quality and quantity of our human resources which is an economic determinant of economic growth.

4. With the help of study about working people, we can plan our future requirement of man power across different sectors of the economy.

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