Question

Most of the developed countries have common historical shifts in the economic sectors.Elucidate

Answer 1

We describe four megatrends since the end of the Cold War that relate to developing countries: a greater share of the global economy; more accessible technologies, particularly in communication; breakthroughs in global cooperation in tackling basic human needs; and the evolution of a complex set of problems in spite of the progress. We then examine potential political economy channels that might hinder the ability of international organizations to adapt to the new realities. Introducing the articles to the special issue, we argue for four distinct variables that affect the behavior and character of international organizations: power, norms, preferences, and problems.

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Answer 2

Agriculture

One of the most important sectors of the Indian economy remains Agriculture. Its share in the GDP of the country has declined and is currently at 14%. However, more than 50% of the total population of the country is still dependent on agriculture.