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For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss. - Social Science

Answer in Brief

For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.

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Solution

For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the size of a country’s economy. A focus on employment and GDP helps determine two important things—per capita income and productivity. Hence, in each of the three sectors, employment rate and status, as well as its contribution to the GDP help us understand how that particular sector is functioning and what needs to be done to initiate further growth in it.

Concept: Concept for Employment Generation
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APPEARS IN

NCERT Class 10 Social Science Economics (Understanding Economic Development)
Chapter 2 Sectors of the Indian Economy
Q 7 | Page 36
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