Question

6. Do you think the classification of economic activities into primary, secondary
and tertiary is useful? Explain how.
7. For each of the sectors that we came across in this chapter why should one
focus on employment and GDP? Could there be other issues which should be
examined? Discuss.
or that you find adults around you doing for a​

Answer 1

6. Yes, classification of economic activities into primary, secondary and tertiary sector is useful as it helps in estimating the relative importance in the growth in GDP of the economy. Classifying in such a way helps in calculating how much goods and services are produced and how many people work in each sector.

7. For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the size of a country's economy. A focus on employment and GDP helps determine two important things—per capita income and productivity.

Answer 2

Answer:

For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the size of a country’s economy. A focus on employment and GDP helps determine two important things—per capita income and productivity. Hence, in each of the three sectors, employment rate and status as well as its contribution to the GDP help us understand how that particular sector is functioning and what needs to be done to initiate further growth in it