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Employment: Growth, Informalisation and Other Issues

Mizoram Board · Class 11 · Economics

Quick revision notes for Employment: Growth, Informalisation and Other Issues — Mizoram Board Class 11 Economics. Key concepts, formulas, and definitions for last-minute revision.

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Key Topics to Revise

1

Basic Concepts of Employment

  • Economic activities are those that contribute to the Gross National Product (GDP)
  • All persons engaged in economic activities are considered workers, regardless of their capacity or payment status
  • Workers include self-employed individuals, not just those paid by employers
2

Classification of Workers by Status

  • Self-employed: Workers who own and operate enterprises (57% of workforce)
  • Regular salaried employees: Workers engaged by enterprises with regular wages (21% of workforce)
  • Casual wage labourers: Workers casually engaged with irregular employment (22% of workforce)
3

Sectoral Distribution of Workforce

  • Primary sector (Agriculture, Mining): 46.1% of workforce in 2022-23
  • Secondary sector (Manufacturing, Construction): 24.9% of workforce
  • Tertiary/Service sector: 29.0% of workforce
4

Employment Growth and GDP

  • During 1950-2010, GDP growth was consistently higher than employment growth
  • Employment growth rate has not exceeded 2% in most periods
  • Late 1990s witnessed declining employment growth despite GDP growth

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Full Notes

Key Concepts

Economic activities are those that contributeThis indicator shows the proportionWorkers are classified into three categoriesEmployment is divided into three sectorsA phenomenon where GDP grows but

Frequently Asked Questions

What are the important topics in Employment: Growth, Informalisation and Other Issues for Mizoram Board Class 11 Economics?
Employment: Growth, Informalisation and Other Issues covers several key topics that are frequently asked in Mizoram Board Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Employment: Growth, Informalisation and Other Issues — Mizoram Board Class 11 Economics?
Understand the core concepts first, then work through the 96 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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