Compare all the three sectors on …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Sanjay Baldiya 4 years, 2 months ago
- 2 answers
Yogita Ingle 4 years, 2 months ago
1. In an economy, there could be one or more sectors which are dominant in terms of total production and employment, while other sectors are relatively small in size. Therefore, Comparison can be done among these three sectors on the basis of value of final goods and services produced.
2. The value of final goods and services produced in each sector during a particular year provides the total production of the sector for that year and the sum of production in these sectors gives us gross domestic product (GDP)of a country.
3. Historical Chane in Sectors: The importance of sectors has changed, At the initial stages of development, primary sector was the most important sector of economic activity but over a period of time Secondary sector gradually became the most important in total production and employment. But there has been a further shift from secondary to tertiary sector in developed countries. The service sector has become the most important in terms of total production.
Related Questions
Posted by Anshika Agrawal 10 months, 1 week ago
- 1 answers
Posted by विजय लक्ष्मी 10 months, 2 weeks ago
- 1 answers
Posted by Sakshi Saraswat 8 months ago
- 2 answers
Posted by €Co Friendly Edu 9 months, 3 weeks ago
- 2 answers
Posted by Vishvaj Satarkar 5 months, 1 week ago
- 1 answers
Posted by Shubham Kumar 1 year, 4 months ago
- 4 answers
Posted by Madhu Tiwarimadhu679@Gmail.Com 1 year, 3 months ago
- 2 answers
Posted by विजय लक्ष्मी 10 months, 2 weeks ago
- 0 answers
Posted by Fatima Jainab 11 months, 2 weeks ago
- 1 answers
Posted by Ayushman Kashyap 1 year, 4 months ago
- 1 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Sanjay Baldiya 4 years ago
0Thank You