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Mention two characteristics of Indian economy as a developing economy. - Economic Applications

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Question

Mention two characteristics of Indian economy as a developing economy.

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Solution

  1. The share of agriculture in the country’s GDP has come down over the years. And the shares of industries and service sectors are on the rise.
  2. The education level of people has improved.
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Chapter 5: Characteristics of Indian Economy - QUESTION BANK [Page 69]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 5 Characteristics of Indian Economy
QUESTION BANK | Q 10. | Page 69
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