1. What does the history of developed countries indicate
about the shifts that have taken place between sectors?
2. Correct and arrange the important aspects for calculating
GDP from this Jumble.
To count goods and services we add the numbers that
are produced. We count all those that were produced in
the last five years. Since we shouldn't leave out anything
we add up all these goods and services.
3. Discuss with your teacher how you could calculate the
total value of a good or service by using the method of
value added at each stage.
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What does the history of developed countries indicate about the shifts that have taken place between sectors? Answer: The history of developed countries indicates that there has been a major shift from the secondary sector, i.e., manufacturing and industries, to the tertiary sector, i.e., services.
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