(a) With the aid of a diagram, show the different classes of occupation. (b) What is occupation? (c) Explain with one example each, three classes of occupat...

(a) Classes of occupation

(b) Meaning of occupation

Occupation is any productive economic activity or work that a person does regularly in order to earn a living. It may involve producing goods or providing services.

(c) Three classes of occupation

1. Industrial occupation: This involves the actual production of goods. It includes extracting raw materials, manufacturing goods, and construction. Example: mining, where minerals are extracted from the ground.
2. Commercial occupation: This involves activities that help the exchange and distribution of goods and services. It includes trade and aids to trade such as transport, banking, insurance and warehousing. Example: a trader who buys goods and sells them to consumers.
3. Service occupation: This involves providing personal or professional services that people use but cannot physically touch as goods. Example: a teacher who provides education.

Examination point: Industrial work produces goods; commercial work helps goods and services move from producers to consumers; service work provides useful personal or professional assistance.