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Tuesday, March 2, 2010

Supplier or Labor

Agriculture sector supplies the labor also to the different sectors of the economy because the dominant portion of the total population is settled in the rural areas. Since the agriculture sector is not capable to absorb the available total supply of workers therefore it faces problem of unemployment. The problem of over population can be controlled by transferring this surplus labor of rural areas can be transferred to the manufacturing sector. The transfer of surplus labor would also cater the need of labor in the industrial sector.

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