Check sibling questions

What is work?

It is an activity involving mental or physical work

It is done to obtain a purpose or goal

Is work always done for money ?

No, work may be Paid or Unpaid

Example - Household work is not done for money, so it is unpaid work

Office work is done for money, so it is paid work

Work - Teachoo.jpg

What is Employment?

It is the State of having paid work

It means women doing household work is not considered employed

Women doing office work is considered employed

 

Note:- We will study about only paid work in this chapter

What are different types of (paid) work people do

Workplace Example
Some work on Farms --> Farm Labour
Some work at Factories ,Shops and Offices --> Office Employees,  Shop Workers, Factory labours
Some work at Home --> IT professionals working from home
  Cottage industries operating from home 

 

Is Factory work done in Cities or Villages?

Earlier, Factory work meant working in factories in cities

Now because of advancement of technology, Factory work also possible in villages

Example = Multinational companies sell footballs made in the houses of Jalandhar, Punjab

Different Types of Work - Teachoo.JPG

 

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What is Employment?

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Transcript

Work Unpaid Work Paid Work Work for which we do not receive monetary compensation Work for which we receive monetary compensation Example Household work This is not Employment Example Office work What is Employment It is the State of having paid work This is called Employment We will study about this in this chapter Different Types of Work Work at Fields Factory Work Office Work Work at Shops Small Factory at Home Work from Home- IT Note - Factory Work done in Both Cities and Villages Earlier Factory work done at cities in large factories Now Factory work Possible at Villages also due to advancement of technology Note - Factory Work done in Both Cities and Villages Earlier Factory work done at cities in large factories Now Factory work Possible at Villages also due to advancement of technology

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CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.