Question

Production and Employment ​

Answer 1

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1. formal sector
2. per capita income
3. primary sector
4. tertiary sector
5. primary sector
6. primary sector Or unorganised sector
7. almost 60 to 70%

Answer 2

The total value of goods and Services produced in the country is the indicator of income for the country. The Technical term to denote this value is Gross Domestic Product (GDP).

GDP records the market value of all final goods and services produced. The sum of the Production in the three sectors i.e. Agriculture, Industries and Service, gives GDP. It is value of all final goods and services Produced with a country during a particular year.

The Industrial sector became the dominant sector and the importance of the agriculture sector both for employment and production declined.

In the Past 50 years, there has been a further shift from Industry to service sector for developed countries.

According to the census of India, 2011 out of 1.2 billion persons in India, 460 million people are workers i.e. people engaged in some productive activities.

More than half of the workers in India are working in the agricultural sector. Producing only one-sixth of the GDP.

The Industry and service sectors produce three-fourth of the GDP where as they employ about half the proportion of Workers.

The total value of production of goods and services in India increased approximately 8 times between 1972-73 and 2009-2010.

The production of industrial goods went up by more than nine times, employment went up by around three times. The Service sector production rose by more than 14 times, employment rose around five times.

Workers in Agricultural sector are under employed. It means that there are more people in agriculture but everyone may not be fully employed.