NCERT Books ➤ Class 10 ➤ Economics : Understanding Economic Development

Class 10 Economics : Understanding Economic Development Chapter 2. Sectors of the Indian Economy Summary, Explanation, Question Answers (NCERT Solutions)

Sectors Of The Indian Economy (2. Sectors of the Indian Economy) CBSE class 10 Economics : Understanding Economic Development Chapter 2. Sectors of the Indian Economy summary with detailed explanation of the lesson Sectors Of The Indian Economy along with meanings of difficult words. Given here is the complete explanation of the lesson, along with summary, explanation and questions and answers of each topic of lesson 2. Sectors of the Indian Economy.

Economics : Understanding Economic Development (Chapter 2. Sectors of the Indian Economy) Solution

Exercises

7. For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.

Answer :

For each of the sectors that we came across in this chapter, one should focus on employment and GDP because these determine the size of a country's economy. A focus on employment and GDP helps determine two important things- per capita income and productivity. Hence, in each of the three sectors, employment rate and status as well as its contribution to the GDP help us understand how that particular sector is functioning and what needs to be done to initiate further growth in it.

Yes, the other issues which should be examined are -

● Health care facility
● Education
● Balanced regional development
● Equality in income and wealth among the people of the country.
● How to eradicate poverty
● Modernization of technology
● Self-reliance of the country
● How to achieve surplus food production in the country.

All Questions of Economics : Understanding Economic Development Chapter 2. Sectors of the Indian Economy

Exercises

1. Fill in the blanks using the correct option given in the bracket:

(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)
(ii) Workers in the _________ sector do not produce goods. (tertiary / agricultural)
(iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)
(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)
(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
(vi) The activities in primary, secondary and tertiary sectors are _________. (independent /interdependent)

2. Choose the most appropriate answer.
(a) The sectors are classified into public and private sector on the basis of:

(i) employment conditions
(ii) the nature of economic activity
(iii) ownership of enterprises
(iv) number of workers employed in the enterprise

(b) Production of a commodity, mostly through the natural process, is an activity in ______________ sector.

(i) primary
(ii) secondary
(iii) tertiary
(iv) information technology

(c) GDP is the total value of _____________ produced during a particular year.

(i) all goods and services
(ii) all final goods and services
(iii) all intermediate goods and services
(iv) all intermediate and final goods and services

(d) In terms of GDP the share of tertiary sector in 2003 is _________

(i) between 20 per cent to 30 per cent
(ii) between 30 per cent to 40 per cent
(iii) between 50 per cent to 60 per cent
(iv) 70 per cent

3. Match the following:

Problems faced by farming sector	Some possible measures
1. Unirrigated land	(a) Setting up agro-based mills
2. Low prices for crops	(b) Cooperative marketing societies
3. Debt burden	(c) Procurement of food grains by government
4. No job in the off season	(d) Construction of canals by the government
5. Compelled to sell their grains to the local traders soon after harvest	(e) Banks to provide credit with low interest

4. Find the odd one out and say why.

(i) Tourist guide, dhobi, tailor, potter
(ii) Teacher, doctor, vegetable vendor, lawyer
(iii) Postman, cobbler, soldier, police constable
(iv) MTNL, Indian Railways, Air India, SAHARA Airlines, All India Radio

5. A research scholar looked at the working people in the city of Surat and found the following.

Place of work	Nature of employment	Percentage of working people
In offices and factories registered with the government	Organised	15
Own shops, office, clinics in marketplaces with formal license	-	15
People working on the street, construction workers, domestic workers	-	20
Working in small workshops usually not registered with the government	-	-

Complete the table. What is the percentage of workers in the unorganised sector in this city?