Question

. “When a country develops, the contribution of primary sector
declines and that of secondary and tertiary sectors increases.”.
Analyse the statement.

Answer 1

Answer:

The primary sector (agro) declines or contributes less to the GDP because of industrialisation and modernisation. Service sector increases due to technology advancements and demand more updated products /services.

All the three sectors are interdependent. (i) Agricultural activities produce raw materials for agro- based industries and food for employees in Secondary and Tertiary sectors. ... (iv) Industrial sector produces trucks, autos etc for transportation, computer assets for proper banking activities and knowledge outsourcing

Answer 2

Answer:

The statement "When a country develops, the contribution of the primary sector declines and that of secondary and tertiary sectors increases" refers to the economic structure of a country and how it changes over time as the country develops.

Explanation:

The primary sector of the economy is made up of industries that extract natural resources, such as agriculture, mining, and forestry. These industries are typically associated with low-skilled labor and low-value-added products.

The secondary sector of the economy is made up of manufacturing industries, which convert raw materials into finished goods. These industries typically require more skilled labor and generate higher value-added products.

The economy's tertiary sector comprises service industries, such as retail, healthcare, education, and finance. These industries typically require highly skilled labor and generate the highest value-added products.

When a country is developing, the primary sector may still play an essential role in its economy. However, as the country becomes more developed, its economy will shift from heavily dependent on the primary sector to the secondary and tertiary sectors. This is because as a country develops, the value-added and productivity of the primary industry decreases, and those of the secondary and tertiary sectors increases, leading to a more diversified economy.

This process is known as structural change or economic development. It usually results in a shift of labor from low-productivity sectors to higher-productivity sectors, increasing living standards and GDP.

It's worth noting that economic development and structural change are not always linear, and they can vary depending on different economic and political factors, such as government policies, natural resources, and technological advancements.

To learn more about the primary sector from, the given link.

https://brainly.in/question/573700

To learn more about economic structure from the given link.

https://brainly.in/question/6087996

#SPJ2