Question

how much share of agriculture sector in G.D.P is decreased in the year 2015-16 when compared to the year 1973-74.​

Answer 1

i) the industry has increased from 22% to 26 %, Trade, hotels, transport & communication has increased from 15% to 27 %, Finance and insurance sector have increased from 8% to 17 %, community and social services have increased from 12% to 13 %. So except agriculture rest, all the other sectors have increased.

ii) The agricultural sector has decreased from 43% to 17%. The reason for this is the industrial revolution. Due to new methods of manufacturing, more factories were set up and people started to prefer to work in factories rather than on the farm. The goods were produced in mass and at cheaper rates. Gradually the industrial sector started to dominate the economy surpassing the agricultural sector.

Refer to the attachment for diagram