The Jajmani System of India __________

question 20

Multiple Choice

The jajmani system of India __________.

• A)involves exchange of services between various caste groups
• B)has been viewed as benefitting the better-off at the expense of the poor
• C)is declining in importance
• D)has been viewed as a system that links different groups together in mutual support
• E)all of the above

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Definitions:

Employment Opportunities

Available job positions or career prospects within the job market.

Opportunity Cost

The value of the next best alternative foregone as a result of making a decision; the cost of missing out on the second best choice while selecting among several options.

Supply Of Labor

The sum of hours employees are prepared and capable of working for a specified rate of pay during a particular time frame.

Labor Supply

The aggregate amount of time laborers are prepared and capable of working at a certain salary level.