From the given data, compare and analyze the sectoral contribution towards Gross Value Added (GVA).
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Solution and Explanation
1. Agriculture Sector:
- India and Pakistan have a high workforce dependency on agriculture (43% and 41% respectively) but contribute only 16% and 24% to GVA.
- China has low employment in agriculture (26%) but an even lower GVA contribution (7%), showing greater productivity in industry and services. 2. Industry Sector:
- China’s industrial sector contributes 41% to GVA with 28% workforce participation, showing high industrial productivity.
- India’s industrial sector contributes 30% GVA with 25% workforce, while Pakistan lags behind (19% GVA with 24% workforce).
3. Services Sector:
- The service sector is the highest contributor to GVA in all three nations:
- India: 54%, China: 52%, and Pakistan: 57%.
- China employs 46% in services, showing a strong transition from agriculture to services.
- India’s workforce in services (32%) is lower than its GVA share (54%), indicating potential for growth.
Conclusion: - China leads in industrial productivity, while India and Pakistan still rely on agriculture for employment but have a low GVA contribution.
- India’s service sector dominates its economy, but there is a need for more industrial growth to enhance employment.
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___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
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(Choose the correct alternative to fill in the blank):
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(ii) The policy of dual pricing was adopted.
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Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.Read the following statements carefully:
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Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
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