GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In the last 100 years there is a shift in the developed economies and societies towards the
A
Primary sector due to advanced agricultural techniques and greater demand due to population increase
B
Secondary sector as new methods of manufacturing were introduced and factories were employing huge work force to produce goods at cheaper rates.
C
Tertiary Sector as most of the working people are using their time and energy to establish connectivity between Primary and Secondary sectors for smoother run of the economies.
D
None of the above
Explanation: 

Detailed explanation-1: -For the last 100 years, there has been a substantial shift from the primary and secondary sectors to the tertiary sector in industrialized countries. This shift is called tertiarisation.

Detailed explanation-2: -What does the history of developed countries indicate about the shifts that have taken place between sectors? Answer: The history of developed countries indicates that there has been a major shift from the secondary sector, i.e., manufacturing and industries, to the tertiary sector, i.e., services.

Detailed explanation-3: -The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.

There is 1 question to complete.