Question

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.​

Answer 1

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

Answer 2

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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.

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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.

Yes, the other issues which should be examined are –

→ Balanced regional development

→ Equality in income and wealth among the people of the country.

→ How to eradicate poverty

→ Modernization of technology

→ Self-reliance of the country

→ How to achieve surplus food production in the country.