The Sectors of Indian Economy
ICSE · Class 9 · Economic Applications
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Explore the full setWhat are the three main sectors of the Indian economy based on the nature of economic activity?
Answer
The three main sectors are the primary sector, secondary sector, and tertiary sector. The primary sector uses natural resources, the secondary sector changes raw materials into finished goods, and the…
What is the primary sector? Give examples.
Answer
The primary sector is the sector based on the use of natural resources. It includes agriculture, animal husbandry, forestry, and fisheries. It is called the primary sector because its products form th…
What is the secondary sector?
Answer
The secondary sector produces goods by using raw materials from the primary sector. It includes manufacturing, mining, electricity, gas, and construction. A cotton textile mill turning cotton into fab…
What is the tertiary sector?
Answer
The tertiary sector is the service sector. It provides non-tangible services such as trade, transport, communication, banking, insurance, hotels, tourism, personal services, business services, and gov…
Why is the primary sector called the base of production?
Answer
The primary sector supplies raw materials and natural products needed for other sectors. Without food, fibre, minerals, wood, and other natural products, the secondary and tertiary sectors cannot func…
What is meant by sectoral composition of GDP?
Answer
Sectoral composition of GDP means the share of different sectors in the national income of the country. It shows how much the primary, secondary, and tertiary sectors contribute to GDP.
How did the share of agriculture and allied sector in GDP change from 1950-51 to 2022-23?
Answer
Its share fell from 51.9% in 1950-51 to 17.5% in 2022-23. This shows that the economy shifted away from the primary sector over time.
How did the share of the industrial sector in GDP change from 1950-51 to 2022-23?
Answer
Its share rose from 18.6% in 1950-51 to 28.0% in 2022-23. This shows growth of the secondary sector in the economy.
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