why do each sectors focus on employment and GDP? what are the other issues should be examined?
Answers
Employment and GDP are major issues of development, in each of 3 sectors employment rate and status in addition to its contribution to GDP helps to understand how that particular sector is functioning and what needs to be done to initiate further growth in it.
The other problems which can be observed are social welfare, hale and hearty living conditions, elimination of inequalities and poverty
Explanation:
For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the size of a country’s economy. A focus on employment and GDP helps determine two important things—per capita income and productivity. Hence, in each of the three sectors, employment rate and status as well as its contribution to the GDP help us understand how that particular sector is functioning and what needs to be done to initiate further growth in it