GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In the past 100 years, there has been a shift from primary to secondary sector in developed countries.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Reasons of jumping from primary sector to tertiary sector: The services like law, health, civil services, banking etc grew lucrative and were widely respected as they provided employment and status in colonial India.

Detailed explanation-2: -A similar shift out of primary sector did not happen in case of employment because not enough jobs were created in the secondary and tertiary sectors. Even though industrial output or the production of goods went up by eight times during the period, employment in the industry went up by only 2.5 times.

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