Banner 0
Banner 1
Banner 2
Banner 3
Banner 4
Banner 5
Banner 6
Banner 7
Banner 8
Banner 9

Q.

While studying the sectors, we focus on the GDP and employment because


see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.
An Intiative by Sri Chaitanya

a

It gives us the per capita income and helps determine the size of the country’s economy.

b

It gives the percentage of poor people.

c

Help find the literacy rate

d

All of the above 

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

JEE

NEET

NEET

Foundation JEE

Foundation JEE

Foundation NEET

Foundation NEET

CBSE

CBSE

Detailed Solution

While studying all the sectors, we give importance to the GDP and employment because
1)      It gives us the per capita income: GDP helps to find the per capita income and the contribution that every sector gives to the economy. This shows the growth in every sector.
2)      It helps us to determine the size of a country’s economy: by calculating the GDP of every sector, we can know the size of the economy and which sector runs the economy.
3)      It also helps to find the employment contribution of every sector and the productivity of these sectors.
 
Watch 3-min video & get full concept clarity
score_test_img

courses

No courses found

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!

best study material, now at your finger tips!

  • promsvg

    live classes

  • promsvg

    progress tracking

  • promsvg

    24x7 mentored guidance

  • promsvg

    study plan analysis

download the app

gplay
mentor

Download the App

gplay
whats app icon
personalised 1:1 online tutoring
While studying the sectors, we focus on the GDP and employment because