5 Which of the following is not true with respect to the changes observed in the sectorial composition of India? (a) The agriculture sector has become less important as the country has developed (b) The tertiary sector has gained significance in the sectorial composition (c) The secondary sector growth has accelerated due to the advanced technologies available
Answers
Agricultural progress is a potent force in reducing poverty in developing countries. An OECD study finds that rapid and sustainable progress to reduce extreme poverty is next to impossible except where agricultural productivity increases and incomes increase for poor farmers.
The tertiary sector provides the basic services like public transportation, medical car, electricity ,banking, post office etc under the control of the govt. ii) The tertiary sector creates an huge area for employment even for uneducated and unskilled workers.
true
Technology has played an important role in this rise of the service sector in developed countries, contributing to improve productivity. ... The new main role for technology is as a source for innovation, since technology is enabling and facilitating innovation in services firms.
The statement is (a) The agriculture sector has become less important as the country has developed
- Farming is considered as a part of primary sector and a majority population is employed there. Agriculture is a significant industry in India's economy, employing a large number of people
- It frequently includes a variety of collecting, production, and harvesting operations, thus rural families have occupations in addition to farming.
- Moreover, Manufacturing industries help to remodel agriculture by providing updated tools and techniques. They also reduce heavy reliance on agricultural income by providing employment in secondary and tertiary sectors.
- Increases in agricultural productivity and per-capita income in rural communities, along with industrialization and urbanisation, resulting in greater demand for industrial goods.