Question

Discuss the changes in importance of different sectors over a period of time.

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Answer 1

Explanation:

• At the beginning as the methods of farming changed and agriculture began to prosper, it produced much more food than before.

• After Industrial Revolution, the mass production by factories were at much lower rates and these goods reached markets all over the word.

• So, for these countries industrial production gradually became the most important sector.

• Hence, in overtime a shift took place.

• In the past 50 years, there has been a further shift from industry to service sector for developed countries.

• The service sector has become the most important in terms of total production.

• Most of the working people also shifted and are now employed in the service sector.

• This is the general pattern observed for developed countries.

Answer 2

The period when primary sector hold stable dominant position is termed as pre-industrial, followed by a period of industrialization, when there is a continuous decline in the importance of primary sector, while growing secondary sector accompanied by the development of tertiary activities. The last period is characterized by a process of deindustrialization, resulting in a decrease in employment in the secondary sector, while the tertiary or quaternary sector continues to grow, creating the information society. Even now there are countries in different developmental stages of the economy in a world map.

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