Page 50 - Understanding Economics for Class 10
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24.  The following table gives the GDP in Rupees (Crores) by the three sectors:
                                    Year              Primary             Secondary            Tertiary

                                    2000               52,000               48,500             1,33,500
                                    2013              8,00,500            10,74,000            38,68,000
               Goyal Brothers Prakashan
                            (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?

                       Ans.  (i) Share in GDP (in percentage)
                                       Year             Primary            Secondary           Tertiary
                                      2000                22.3                20.7                57
                                      2013                13.94               18.7               67.36
                           (ii)
                                         Share of 3 Sectors in GDP (%)
                                   100%
                                    90%
                                    80%
                                    70%          57%              67%

                                    60%                                         Tertiary
                                    50%                                         Secondary
                                    40%                                         Primary
                                    30%          21%
                                    20%                           19%
                                    10%          22%              14%
                                     0%
                                                 2000             2013

                           (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 almost halved. The share of secondary sector
                               has not shown any increase over the years.
                               This shows the growing importance of Tertiary sector over the years.


                                            ADDITIONAL QUESTIONS


                         i.  multiple choice Questions
                            1.  The _______ continues to be the largest employer in India.
                               (a)  quaternary sector                    (b)  tertiary sector
                               (c)  secondary sector                     (d)  primary sector
                         Ans.  (d)  primary sector

                            2.  Which of the following statements are true regarding the services sector?
                               (a)  As income levels rise, certain sections of people start demanding many more services
                                  like eating out, tourism, and shopping.
                               (b)  Over the past decade or so, certain new services, such as those based on information
                                  and communication technology, have become important and essential.
                               (c)  In the year 2010-11, the tertiary sector emerged as the largest producing sector in India,
                                  replacing the primary sector.
                               (d)  All of the above.
                         Ans.  (d)  All of the above.


             E-44                                                                                       Economics  Class X
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