Occupation

 

Welcome to class! 

In today’s class, we will be talking about occupation. Enjoy the class!

Occupation

Occupation classnotes.ng

An Occupation can simply be defined as a business, trade or profession, which occupies a person’s time permanently or temporarily in other to earn a living.

Occupation is any activity a person does to earn a living. It could be acquired through training or education, it could also be a natural endowment i.e. talent or a natural skill. Some occupations do not require any formal education or training. Examples of such occupations are farm labour, factory hands, cattle rearing etc. Such occupations acquire proficiency through experience and practice. An occupation normally attracts wages or salary as a reward for the work done.

Classification of occupation

  1. Primary/Extractive occupation: A primary or extractive occupation is occupations concerned with the production of primary products or products that are extracted from nature. Examples of Extractive occupation: farmer, fishing, etc.
  2. Secondary Occupation: They are divided into:
  • Manufacturing occupation: These are occupations that are engaged in the conversion of raw materials or primary product into finished goods or product. An example is the conversion of crude oil into petroleum, kerosene, and diesel.
  • Construction occupations: that are involved in the construction and building of houses, bridges, airports, railways etc. Examples of such occupations are civil engineer, bricklaying, carpentry, architecture, etc.
  • Commercial/tertiary occupation: These occupations are directly concerned with making goods produced available to the consumers. It involves trade; the act of buying and selling
  • Service Occupation: Workers in this occupation make conducive available for their customers to carry out other occupation. Service occupation can be divided into two. Direct and Indirect Occupation

Direct Occupation: Direct occupation is the means of rendering direct services to those who employed them. It is the service rendered straight to the final consumers. Examples of direct occupation include; lawyers, teacher, doctor, accountant, hairstylist, tailor etc.

Indirect occupation: indirect service occupation describes those occupations whose service is not paid directly by the consumer. The government pays them from public tax. Examples of indirect services are lawmaker, police officer, civil servant etc.

 

In our next class, we will be talking about the Honesty of Business. We hope you enjoyed the class.

Should you have any further question, feel free to ask in the comment section below and trust us to respond as soon as possible.

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