KnowledgeBoat Logo
|

Economics

The following table gives the GDP in Rupees (Crores) by the three sectors:

YearPrimarySecondaryTertiary
200052,00048,5001,33,500
20138,00,50010,74,00038,68,000

(i) Calculate the share of the three sectors in GDP for 2000 and 2013.

(ii) Show the data as a bar diagram similar to Graph 2 in the chapter.

(iii) What conclusions can we draw from the bar graph?

Econ Sectors Ind

32 Likes

Answer

(i) In 2000, following were the share of:
Primary sector = 22.22 %
Secondary sector = 20.736 %
Tertiary sector = 57.051 %

In 2013, following were the share of:
Primary sector = 13.939 %
Secondary sector = 18.702 %
Tertiary sector = 67.357 %.

Solution:

In 2000, Total GDP = sum of all sectors
⇒ Total GDP = 52,000 + 48,500 + 1,33,500 = 2,34000 Crores

Share of Primary sector = (52,000/234000) x 100 = 22.22 %

Share of Secondary sector = (48,500/234000) x 100 = 20.736 %

Share of Tertiary sector = (1,33,500/234000) x 100 = 57.051 %

In 2013,
Total GDP = sum of all sectors
⇒ Total GDP = 8,00,500 + 10,74,000 + 38,68,000 = 57,42,500 Crores

Share of Primary sector = (8,00,500/57,42,500) x 100 = 13.939 %

Share of Secondary sector = (10,74,000/57,42,500) x 100 = 18.702 %

Share of Tertiary sector = (38,68,000/57,42,500) x 100 = 67.357 %

(ii) The bar diagram of the data is shown below:

The following table gives the GDP in Rupees (Crores) by the three sectors: Sectors of the Indian Economy, NCERT Class 10 Understanding Economic Development CBSE Solutions.

(iii) We can draw the conclusion that the share of the tertiary sector in the GDP has increased by 10%, while that of the primary sector has decreased by approx 8 %. The secondary sector has decreased by about 2% in the last 13 years.

Answered By

27 Likes


Related Questions