For each of the sector 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
Answers
The reason why the main focus is placed on employment and gdp is because, The population of our country is continuously increasing. More and more people are graduating every year and they need jobs to run their family. So to maintain the balance in the country, governments have to ensure that people get jobs, so the employment is one of the main concern in our country. The gap rate suggest the growth of the country. It's to be maintained well.
Explanation:
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