An establishment with four hired workers is known as (formal/informal) sector establishment.

Asked by Last Modified  

2 Answers

Learn Economics

Follow 2
Answer

Please enter your answer

Vinay Sharma

VINAY SHARMA

Informal sector because number of workers are less than 10.
Comments
Dislike Bookmark

"Education is the key to unlocking your future"

An establishment with four hired workers is known as an informal sector establishment. There are two sectors – formal and informal. The establishments whether public or private, which employ 10 or more workers are called a formal sector, and the ones that employ less than 10 workers are called...
read more
An establishment with four hired workers is known as an informal sector establishment. There are two sectors – formal and informal. The establishments whether public or private, which employ 10 or more workers are called a formal sector, and the ones that employ less than 10 workers are called informal sector. read less
Comments
Dislike Bookmark

Related Questions

 Infrastructure contributes to the economic development of a country. Do you agree? Explain.
Yes, I agree that infrastructure contributes to the Economic development of a nation. For any development to take place, infrastructure is the basic requirement. Roads, bridges ,Railway lines boost the...
Swapna
0 0
5
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
Yes, China's rapid industrialization is the result of several economic reforms implemented in stages since 1978. Agriculture, foreign trade, and investment reforms were all started in the first phase. Land...
Pradeep
0 0
5
Explain the steps taken by the government in developing rural markets.
The government has made the following initiatives to develop rural markets. 1. Market Regulation - The government has established regulated marketplaces in which the selling and purchase of produce is...
Harsh
0 0
5
Name some notable economists who estimated India’s per capita income during the colonial period.
Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao, and R. C Desai.
Subhash
0 0
6
 What is the most important function of RBI?
The most important function of RBI is that it issues currency notes and coins except one rupee note and coin.
Santosini
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

If it is stated that â??Rahul is 40 year old, Mohan is 6 ft tall, Rahim is 50 kg of weightâ?? then will these number be called statistics?
These numbers will not be called statistics as they are neither mutually related nor comparable. In order to compare the data, it is essential that statistics are uniform in quality. Data of different...

Sujoy Das

1 0
0
â??Today nearly every decision in business is made with the aid of statistical data and statistical methodsâ??.
Use of statistical data is made even in business. The promoters of the business make an extensive use of data to arrive at the conclusions which guide them in starting a new concern. The importance of...

Sujoy Das

1 0
0
Statistical methods are not the substitute for common sense.
It is absolutely true that statistical methods are not the substitute for common sense. Statistical data should not be believed blindly as they can be misinterpreted or misused. The statistical data may...

Sujoy Das

1 0
0
Define the terms (a) Enumerator (b) Investigator and Respondent.
(a) Enumerator The person who collects data by conducting an enquiry or an investigation is called enumerator. Often the enumerator is a trained person for field work. (b) Investigator The person who plans...

Sujoy Das

3 0
0
CBSE Class 11 Economics
QUESTION Expansion of one industry facilitates the expansion of the other.How economic growth can become a dynamic process and a self-propelling activity of change? ANSWER Availability of proper...

Sujoy Das

2 0
0

Recommended Articles

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Meet Mohammad Wazid, a skilled trainer for...

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Meet Urmila, an MBBS tutor from Bangalore

Urmila is a passionate teacher with over 8 years of experience in teaching. She is currently pursuing her Ph. D. She provides classes for Class 11, Class 12, MBBS and Medical tuition.  Urmila began her career in teaching long before she became a teacher. She used to provide classes for foreign national students in her college...

Read full article >

Meet Raghunandan.G.H, a B. Tech Tutor from...

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Find Class 12 Tuition near you
Class 12 Tuition in Delhi
Class 12 Tuition in Bangalore
Class 12 Tuition in Hyderabad
Class 12 Tuition in Chennai
Class 12 Tuition in Kolkata
Class 12 Tuition in Mumbai
Class 12 Tuition in Pune
Class 12 Tuition in Lucknow
Class 12 Tuition in Noida
Class 12 Tuition in Gurgaon
Online Tuition Class 12

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you