Advertisement Remove all ads

“Tertiary sector is not playing any significant role in the development of Indian economy.” Do you agree? Give reasons in support of your answer. - Social Science

Answer in Brief

“Tertiary sector is not playing any significant role in the development of Indian economy.” Do you agree? Give reasons in support of your answer.

Advertisement Remove all ads

Solution

“Tertiary sector is not playing any significant role in the development of the Indian economy”. This statement is not true.

The tertiary sector has contributed vastly to the Indian economy, especially in the last two decades. In the last decade, the field of information technology has grown, and consequently, the GDP share of the tertiary sector has grown from around 40% in 1973 to more than 50% in 2003.

Concept: Rising Importance of Tertiary Sector
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

NCERT Class 10 Social Science Economics (Understanding Economic Development)
Chapter 2 Sectors of the Indian Economy
Q 12 | Page 36
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×