Business Studies, asked by bhupendar630, 1 month ago

Identify and explain two likely reasons why the relative importance of the primary sector of countryX economy has declined

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Answered by brainly62007
0

Answer:

Importance of Primary Sector

(i) Primary sector contributes more than 20% to the GDP of India. (ii) Its employment share is more than 55%. (iii) It is the most labouring sector of Indian economy. (iv) It covers agriculture, dairy, fishing, forestry which all contribute to the Indian economy.

Why it had declined?

This means that primary sector production will fall + become less important to X's economy. A lack of coal limits secondary + tertiary sector's capacity to invest in raw materials made using coal, hence primary sector importance decreases.

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