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class 10
lesson : sectors of indian economy
Answers
Answer:
1) Main reasons behind the growth of services include rapid urbanization, the expansion of the public sector and increased demand for intermediate and final consumer services. Access to efficient services has become crucial for the productivity and competitiveness of the entire economy.
2)Yes, classification of economic activities into primary, secondary and tertiary sector is useful as it helps in estimating the relative importance in the growth in GDP of the economy. Classifying in such a way helps in calculating how much goods and services are produced and how many people work in each sector. In India tertiary is growing at a very fast speed which implies that the country is moving towards developed country. This type of classification helps in comparing the level of growth in different countries.
Explanation:
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