Question

Write note on structual transformation

Answer 1

Answer:

The brief notes that dominant ways of defining structural transformation have generated understandings based largely on sectoral shares of GDP and employment. Yet, as the brief discusses the broader set of structures related to the sources of growth, labour productivity, and international trade are as important in garnering a deeper understanding of structural transformation.

In short, economic activity can shift between sectors over time. And it can also shift within sectors and across subsectors within the same broad economic sector. In both cases, the process of change is generally referred to as structural transformation or structural chchange.

Explanation:

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Answer 2

Answer:

Hi

Explanation:

In short, economic activity can shift between sectors over time. And it can also shift within sectors and across subsectors within the same broad economic sector. In both cases, the process of change is generally referred to as structural transformation or structural change.