Exercise Question Answers For Chapter 2 Sectors of the Indian Economy(Economics) Class X Subject Social Science ************************************ 6. Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how. Yes, it helps us understand the nature of different economic activities. We can study how the economy changes over time from agriculture to manufacturing and services. It helps policymakers plan sector-wise development strategies. Useful for analyzing employment and contribution to GDP. It shows interdependence among sectors and helps address sector-specific problems. 7. For each of the sectors that we came across in this chapter why should one focus on employment and GVA? Could there be other issues which should be examined? Discuss. Employment and GVA (Gross Value Added) show the sector’s role in economic and human development. Primary sector employs most people but contributes least to GVA. ...
Exercise Question Answers For Chapter 2 Sectors of the Indian Economy(Economics) Class X Subject Social Science ************************************ 6. Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how. Yes, it helps us understand the nature of different economic activities. We can study how the economy changes over time from agriculture to manufacturing and services. It helps policymakers plan sector-wise development strategies. Useful for analyzing employment and contribution to GDP. It shows interdependence among sectors and helps address sector-specific problems. 7. For each of the sectors that we came across in this chapter why should one focus on employment and GVA? Could there be other issues which should be examined? Discuss. Employment and GVA (Gross Value Added) show the sector’s role in economic and human development. Primary sector employs most people but contributes least to GVA. ...