Author name: Varsha Verma

2.7.1 Definition of Occupational Structure Occupational structure refers to the distribution of the workforce across various sectors of economic activity. An occupation is essentially an economic activity that provides a means of livelihood for those involved in it. While there are thousands of different occupations within an economy, they are generally categorized into three broad […]

Trade Policy encompasses a comprehensive framework of laws, regulations, and international agreements established by a government to influence a nation’s exports and imports in terms of both quantity and value. This policy includes measures like tariffs, import and export quotas, and import and export subsidies. 2.6.1 Pre-1991 Trade Policy 2.6.2 Composition of Foreign Trade The