(i) Calculate the share of the three sectors in GDP for 1950 & 2000. (ii) Show the data as a bar diagram similar to graph 2 in the chapter. (iii) What conclusions can we draw from the bar graph.

Q.24:- The following table gives the GDP in rupees (crores)  by the three sectors

Year

Primary

Secondary

Tertiary

1950 80000 19000 39000
2000 314000 280000 550000

(i) Calculate the share of the three sectors in GDP for 1950 & 2000.

(ii) Show the data as a bar diagram similar to graph 2 in the chapter.

(iii) What conclusions can we draw from the bar graph.

 

Answer:-

(i) (a) Share of sectors in GDP for 1950

Total GDP of three sectors

=(80000+19000+39000)

= ` 138000 crore

Share of primary sector

image001

= 57.97%
Share of secondary sector

image002

= 13.76%
Share of tertiary sector

image003

= 28.26%

(b) Share of sectors in GDP for 2000
Total GDP of three sectors

=  `1149000 crore
Share of primary sector

image004

= 27.33%
Share of secondary sector

image005

= 24.36%
Share of tertiary sector

image006

= 48.30%

 

(ii) Above data as a bar diagram

image007

(iii) Conclusions drawn from the bar diagram

(a) Share of primary sector in GDP has decreased.

(b) Share of secondary sector in GDP has increased.

(c) Share the tertiary sector in GDP has increased.

This shows that the economy is moving on the path of development as share of secondary and tertiary sector in GDP has increased in 2000 as compared to 1950.