GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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interlinked
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interrelated
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interdependent
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None of the above
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Detailed explanation-1: -Each sector is interdependent on the other so that the economy as a whole functions properly and efficiently. The primary sector is where the materials for the secondary sector are gathered. In the secondary sector, the product is then made into consumable item(s) which is then distributed by the tertiary sector.
Detailed explanation-2: -Primary sector – Mining, forestry, farming, and fishing. Secondary sector – Manufacturing, such as the production of automobiles and steel. Tertiary sector industries – Teaching, finance, banking jobs.
Detailed explanation-3: -The size of an economy is typically measured by the total production of goods and services in the economy, which is called gross domestic product (GDP). The different sectors within the economy are linked together. This interdependence means that a change in one sector can affect the rest.