मराठी

Economic Activities - Employment

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Topics

  • Introduction
  • Employer-Employee Relationship: Flow Chart
  • Features 
  • Real-Life Application
  • Key Point Summary
Maharashtra State Board: Class 11

Introduction

Employment is a type of economic activity where a person (employee) works for another person or organization (employer) in exchange for payment (salary/wages).

  • Employment involves working for an organization or individual.
  • It provides income to purchase necessities.
  • It offers a social environment and boosts self-esteem.
  • It keeps individuals engaged and active in society.

Employer-Employee Relationship: Flow Chart

Maharashtra State Board: Class 11

Features

Maharashtra State Board: Class 11

Real-Life Application

  • Organized Sector:
    Riya is an accountant at a national bank. She has fixed hours, a written contract, paid leave, and receives a regular salary with benefits.
  • Unorganized Sector:
    Sameer works at a small kirana shop. He has no written contract or fixed timings and gets paid only for the days he works.
Maharashtra State Board: Class 11

Key Point Summary

  • Employment offers regular pay.
  • No investment needed from employees.
  • Jobs require qualifications and aren’t transferable.
  • Organized sector jobs offer more security and benefits.

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