name the factor that is the largest employer in India. why does this sector produced only a quarter of the GDP?
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three-sector theory is an economic theory which divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary). It was developed by Colin Clark and Jean Fourastié.
Primary Sector:
The primary sector of the economy extracts or harvests products from the earth. The primary sector includes the production of raw material and basic foods. Activities associated with the primary sector include agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying. The packaging and processing of the raw material associated with this sector is also considered to be part of this sector.
In developed and developing countries, a decreasing proportion of workers are involved in the primary sector.
Primary Sector:
The primary sector of the economy extracts or harvests products from the earth. The primary sector includes the production of raw material and basic foods. Activities associated with the primary sector include agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying. The packaging and processing of the raw material associated with this sector is also considered to be part of this sector.
In developed and developing countries, a decreasing proportion of workers are involved in the primary sector.
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The agricultural sector is the largest employer in the Indian economy. The relatively low contribution to GDP despite employing the largest portion of the workforce is due to the low productivity of the agricultural sector. The output of crops like rice and wheat per hectare of land is much less in India than in other countries like the USA, France or China. As a result the low productivity of Indian agriculture is, in turn, due to the following reasons.
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