For example, using cotton fibre from the plant, we spin yarn and weave cloth. When they retire, these workers get pensions as well. Describe the importance of primary sector in the Indian economy. VERY SHORT ANSWERS:- 1.Give one example of major economic activity. This Ministry, with the help of various government departments of all the Indian states and union territories, collects information relating to total volume of goods and services and their prices and then estimates the GDP. The tertiary sector provides services for the production of goods in the primary and secondary sectors. Ans. When there is less work, such as during some seasons, some people may be asked to leave. ... Primary sector are activities undertaken by directly using natural resources. Since this sector gradually became associated with the different kinds of industries that came up, it is also called as industrial sector. Short answer questions. The importance of primary sector and issues involved. Third, as income levels rise, certain sections of people start demanding many more services like eating out, tourism, shopping, private hospitals, private schools, professional training etc. 2.0.1 What is meant by Primary Sectors? Its main aim is public welfare. Ask your doubts related to NIOS or CBSE Board and share your knowledge with your friends and other users through Discussion Forum. This it stores in its godowns and sells at a lower price to consumers through ration shops. Questions are prepared in such a way; it revises the entire chapter 2 of Class 10 Economics. Secondary Sector is the most important sector of an economy. What are the Historical changes in sectors? (i) Primary sector-45%. In a developing country the government has to take responsibility for the provision of these services. Under MGNREGA 2005, all those who are able to, and are in need of work in rural areas are guaranteed 100 days of employment in a year by the government. To count the value of the flour and wheat. which are … In the year 2003, by replacing the primary sector, tertiary sector emerged as the largest producing sector in India. The following are the importance of primary sector in the Indian economy:(i) It is the base of livelihood of the most of the population. Government can provide cheap and affordable basic services like education, health, food to these workers. In 200 : primary sector = 27.33%, secondary sector = 24.37%, tertiary sector = 48.30% (ii) (iii) We can draw the conclusion that the share of the tertiary sector in the GDP has almost doubled, while that of the primary sector has almost halved. How do we create employment by creating new sector? NCERT Solutions for Class 6 Social Science, NCERT Solutions for Class 7 Social Science, NCERT Solutions for Class 8 Social Science, NCERT Solutions for Class 9 Social Science, NCERT Solutions for Class 11 Business Studies, NCERT Solutions for Class 11 Physical Education, NCERT Solutions for Class 12 Business Studies, NCERT Solutions for Class 12 Physical Education, CBSE Sample Papers for Class 10 Session 2020-2021, CBSE Sample Papers for Class 12 Session 2020-2021. Does this mean that the workers in agriculture are not producing as much as they could? In the urban areas, unorganised sector comprises mainly of workers in small-scale industry, casual workers in construction, trade and transport etc., and those who work as street vendors, head load workers, garment makers, rag pickers etc. Many companies will have components of all three sectors, such as a dairy farmer who makes cheese and ice cream and distributes the products to stores for sale. Give one reason. Protection and support to the unorganised sector workers is thus necessary for both economic and social development. Explain the importance of secondary sector as the component of economic development of a country? Examples are construction of roads, bridges, railways, harbours, generating electricity, providing irrigation through dams etc. When these natural products are converted to other forms of production through an industrial activity,it is known as the secondary sector. Answer : Five reasons for the rising importance of the tertiary sector in production are: (a) Rise in the basic services provided by the government. These sectors produce four-fifths of the product. Ans. have become important. Even though industrial output or the production of goods went up by eight times during the period, employment in the industry went up by only 2.5 times. These are activities that help in the development of the primary and secondary sectors. (iii) Why has the Primary sector remained more important than other sectors in spite of its smaller share in GDP? 2. CBSE 10 Economics 01 Development 3 Topics | 4 Quizzes 1.1 Development 1.1 Development - Test. It is the value of all final goods and services produced within a country during a particular year. So, go ahead and check the Important Notes for Class 10 Social Science Sectors of the Indian Economy from this article. The classification of economic activities into primary, secondary and tertiary is useful on account of the information, it provides on how and where the people of a country are employed. Similarly, farmers work on their own and hire labourers as and when they require. For example, we require teachers, doctors, and those who provide personal services such as washer men, barbers, cobblers, lawyers, and people to do administrative and accounting works. GDP by the 3 sectors 10. The primary industry makes up for a large chunk of developing countries as the economy is, to a great extent, dependent on it. There are many activities that are undertaken by directly using natural resources. Also, it has to ensure that these facilities are available for everyone. Explain with example. Secondary sector is come under as the component of economic development of a country because in secondary sector we done the work of manufacturing and it is important sector for the use of natural product and manufacturing new products. As a result, more than half of the workers in the country are working in the primary sector, mainly in agriculture, producing only a quarter of the GDP. 2 Class 10 Economics Important Questions for Exams. For example, selling electricity at the cost of generation may push up the costs of production of goods in many industries. Importance of Primary sector: Primary Sector provides the basic needs of economy for food and mineral ores. (i) This sector provides basic services such as hospitals, educational institutions, post and telegraph services, police stations, courts, municipal corporations, defence, banks, insurance etc. In his scheme "the expansion of the economy and the population therefore depended upon expansion of the expenditure of the productive class and the resultant expansion of the net produ~t. Education in India is primarily provided by public schools (controlled and funded by the government at three levels: central, state and local) and private schools.Under various articles of the Indian Constitution, free and compulsory education is provided as a fundamental right to children aged 6 to 14. Give one reason. Sectordefines a large segment of the economy in which businesses share the same or a related product or service. Employment is not secure. Your email address will not be published. In the private sector, ownership of assets and delivery of services is in the hands of private individuals or companies. 2.0.6 What does disguised unemployment refer? 2.0.2 What are the Secondary Sectors? As a result, in the year 2003, the tertiary sector has emerged as the largest producing sector in India replacing the primary sector. Ans. We also may need to talk to others over telephone or send letters (communication) or borrow money from banks (banking) to help production and trade. Sheep farming. 2. Many industries tend to come together to make use of the advantages offered by the urban centres known as agglomeration economies. In recent times, certain new services based on information technology such as internet cafe, ATM booths, call centres, software companies etc. The development of new services such as information technologies along with the BPO’s, has become an integral part of the economy. Question 9. We convert earth into bricks and use bricks to make houses and buildings. 2. Name the sector in which the natural products are changed into other forms. It is an activity of the primary sector also known as agriculture and related sector. They would also need to sell some of this. To count goods and services we add the numbers that are produced. State any two activities which do not come under the primary sector. It shows how big the economy is. Examples of the organised sectors are Government employees, registered industrial workers, Anganwadi workers, village health workers, etc. The Primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining.. are considered as basic services and are necessary for all people. As a result, a large number of workers are forced to enter the unorganised sector jobs, which pay a very low salary. The young generation studies hard, get good marks and then simply hunt for a good and secure job. The nature of economic activity. It has been noted from the histories of many, now developed, countries that at initial stages of development, primary sector was the most important sector of economic activity. Not every good (or service) that is produced and sold needs to be counted. GDP shows how big the economy is. 2.0.3 Explain the Tertiary Sectors? Short answers type questions and long answers type questions including NCERT Books questions are given in these 5 sets. Answer : Primary sector forms the base for all other products. The organised sector offers jobs that are the most sought-after. There is no provision for overtime, paid leave, holidays, leave due to sickness etc. How many parts is the Indian economy divided? The best thing about these resources is that they can be further processed to create finished products. 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