Multiple choice

When a country under goes transition from developing to developed,

  1. share of primary sector in the GDP increases

  2. share of secondary and tertiary sectors in the GDP decreases

  3. share of secondary and tertiary sectors in the GDP increases

  4. share of primary and secondary sectors in the GDP increases

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In early stages of development, primary sector or agriculture forms the largest share of its GDP and tertiary sector the least. In the second stage of development, share of secondary sector or industries in the GDP increases, while that of agriculture marginally declines. In the final stage, share of both the tertiary sector or services and the secondary sector increase, while that of agriculture declines sharply.