Choose the given statement is True/False

The primary sector employs the least number of people compared to the other sectors in an economy.

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True

False

answer is B.

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Detailed Solution

The statement is false.
Since it is the primary sector that employs the most number of people as compared to the secondary and tertiary sectors, the agricultural sector employs the most people in India. However, it has not been successful in contributing to the national income as much as the other sectors contribute. One of the reasons behind this is the disguised unemployment faced by the people in this sector. There are more people than required who could have worked in other industries and contributed generously to the country's economic development. However, surplus labour is being employed in the secondary and tertiary sectors these days. Hence the correct statement would be, The primary industry employs the most significant number of people compared to the other sectors in an economy.

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