As development of country takes place, share of which
sector rises?
Answers
Answer:
share of secondary and tertiary rise
Developmental aspects of a country depends upon the each and every sector of economy whether it be primary, secondary or tertiary.
If the development takes place in a country, it is evident that every sphere of the economy is rising simultaneously.
Primary Sector
It is basically classifed as the agriculture driven sector of the economy. Though it include Agriculture, some allied activities such as Animal Husbandry, Horticulture, Aquaculture etc are flourishing here.
The current share of primary sector in the Gross Domestic product(GDP) of a country is estimated to be 20.18% as per the statsitics of Ministry of Statistics and Programme Implementation.
Secondary Sector
After extracting the resources from the primary activities, it went through processing by different industries and thus a consumer get its final product for consumption. It is a labor intensive sector of the economy and hence has the potential to generate the maximum employment opportunities.
The share of this in the economy is 25.92%.
Tertiary Sector
This is the Service led growth sector. India's economy since last five decades is hugely dependent upon it. It includes the job related to the literacy of the persoan and ability to handle the working pressure. Mostly they work as in organised sector with fixed working hours and salary.
The contribution of Service sector in the GDP currently is the highest at 53.89%. Thus employing most of the labor force in the market.
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