Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.2k views
in Economics by (60.1k points)

Does modernisation as a planning objective create contribution in the light of employment generation? Explain.

1 Answer

+1 vote
by (47.3k points)
selected by
 
Best answer

The use of modem technology and input will raise productivity and consequently, the income of the people that will further raise the demand for goods and services. In order to fulfill these increased demands, there will be more job opportunities that will lead more people to be hired and hence more employment opportunities will be generated. Hence both modernisation and employment generation are not contradictory but are complementary to each other.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...