Which of the following statements is true regarding Gross Domestic Product (GDP).

 

• GDP, means the total goods and services produced by primary sector

   

• GDP means the goods produced by secondary sector

   

• GDP means the total production of goods and services of tertiary sector

   

• GDP means the sum of goods and services produced in all three sectors

In terms of GDP the share of tertiary sector in 2010-2011 is ____________.

Match the following:

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.

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

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

Do you think the classification of economic activities into primary, secondary and tertiary sectors is useful? Explain, how?

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

Make a long list of all kinds of work that you find adults around you doing for a living. In what way can you classify them? Explain your choice.

How is the tertiary sector different from other sectors? Illustrate with a few examples.

What do you understand by disguised unemployment? Explain with an example each from the urban and rural areas

Distinguish between open unemployment and disguised unemployment.