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प्रश्न
Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.
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उत्तर
The classification of economic activities into primary, secondary and tertiary is helpful because of the information it provides on how and where the people of a country are employed. Also, this helps ascertain which sector of economic activity contributes more or less to the country’s GDP and per capita income. If the tertiary sector is developing much faster than the primary sector, it implies that agriculture is depleting, and the government must take measures to rectify this. The knowledge that the agricultural profession is becoming unpopular or regressive can only come if we know which sector it belongs to. Hence, it is necessary to classify economic activities into these three basic sectors for smooth economic administration and development.
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संबंधित प्रश्न
Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
GDP is the total value of _____________ produced during a particular year.
Find the odd one out and say why.
Tourist guide, dhobi, tailor, potter
Find the odd one out and say why.
Teacher, doctor, vegetable vendor, lawyer
How is the tertiary sector different from other sectors? Illustrate with a few examples.
The service sector includes activities such as ____________.
Information and communication technology is associated with ____________.
Manufacturing sector is associated with ____________.
Which among the following was the largest employer in the year 2003?
Workers in the agricultural sector are:
Primary sector is also called as:
The sector which covers activities in which natural products are changed into other forms through ways of manufacturing is called:
When we use sugarcane as raw material, we make:
Fill in the blank:
| SECTOR | CRITERIA USED |
| Primary, Secondary & Tertiary | Nature of economic activity |
| Organized & Unorganized | ? |
Which one of the following pairs is correctly matched?
Study the following picture. The work done in the picture comes under which one of the following sectors of the economy?
Read the source given below and answer the questions that follow:
| For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. This is based on the understanding that more income means more of all things that human beings need. Whatever people like, and should have, they will be able to get with greater income. So, greater income itself is considered to be one important goal. Now, what is the income of a country? Intuitively, the income of the country is the income of all the residents of the country. This gives us the total income of the country. However, for comparison between countries, total income is not such a useful measure. Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn. Are people in one country better off than others in a different country? Hence, we compare the average income which is the total income of the country divided by its total population. The average income is also called per capita income. In World Development Reports, brought out by the World Bank, this criterion is used in classifying countries. Countries with per capita income of US \$ 49,300 per annum and above in 2019, are called high income or rich countries and those with per capita income of US $ 2500 or less are called low-income countries. The rich countries, excluding countries of Middle East and certain other small countries are generally called developed countries. |
- Explain the significance of per capita Income.
- What are the classifications of countries based on per capita income, and which entity is responsible for determining these classifications?"
