Economic activities by men and women


 
 
Concept Explanation
 

Economic activities by men and women

Economic activities by men and women: Activities which add value to the National Income are called economic activities or market activities. They result in the production of goods and services. They are classified into three sectors:

1.  Primary sector All activities which harvest or extract natural products from the Earth or natural resources are classified in this category. These include agriculture forestry, dairy farming, animal husbandry, poultry farming, mining and quarrying.

2.   Secondary sector Using products resulting from activities in the Primary sector for manufacturing of finished goods are classified in this category. All manufacturing processes and construction activities are included in the Secondary sector.

3.  Tertiary sector All activities which support the Primary’ and Secondary sectors are classified in this category. These include transportation, sales and services, education, banking, insurance, legal services, government etc. They result in the production of goods and services.

Economic activities has two parts:

1.  Market activities these activities involve remuneration to the person who performs an activity for pay or profit. e.g., production of goods or services including government services.

2.  Non-market activities these include those activities which are not paid for. These involve production for self-consumption or self-use or other non-remunerative activities. For example, women doing domestic work, looking after children which are non-market activities, while men working in the fields, earning money, which they spend on rearing their families are market activities.

This division of labour between men and women in families is due to historical and cultural reasons.

 
 


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