Question

Why should one focus more on employment & GDP?

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Answer 1

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One should focus more on employment & GDP because of the following reason:-

➡ These determine the size of country's economy.

➡ It helps us to determine per capita income and productivity.

➡ It helps us to understand how a particular sector is functioning and what needs to be done for further growth in it.

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Answer 2

Explanation:

Answer

i)For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the development of a country in terms of its economic growth.

ii) A focus on employment and GDP helps determine two important things- per capita income and productivity.

iii) 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 for its further growth.

iv) Other issues which should be examined are as follows:

Poverty,

Health-care facilities,

Education,

Food production, and

Advancement of technology etc