Question | The economies of China, India and Pakistan differ in terms of sectoral growth. Comment. |
Chapter | Comparative Development Experiences of India and its Neighbours |
Class | Class 12 |
Subject | Economics (Indian Economic Development) |
Category | Indian Economic Development Class 12 Sandeep Garg Solutions |
Question – The economies of China, India and Pakistan differ in terms of sectoral growth. Comment.
Answer –
Sectoral contribution refers to contribution (percentage share) made by each sector of the economy i.e. primary, secondary and tertiary.
The historical experience of developed countries shows that an economy develops first the industrial sector and later the service sector but the experience of India and Pakistan has been different. In both countries, there has been a direct shift from the primary to the services sector.
(A) In both India and Pakistan, the service sector is emerging as a major player in development. The service sector contributes the highest to their GDP, with a contribution of 55.6 % in the case of India and 53.4% for Pakistan. But the contribution of the service sector to the GDP in China is 43.6%.
(B) In China, the contribution of the secondary sector is highest to GDP at 46.8 % whereas, in India and Pakistan, it contributes. in India and Pakistan 26.3% and 25.4% respectively.
Reasons:- GLF campaign launched in 1958 and reforms in 1978.
(C) Contribution of agriculture/ primary sector in India is 18.1% and in Pakistan is 21.2% whereas its contribution in China is only 9.6%.
(D) China’s growth is led by the industrial sector whereas the service sector is playing a dominant role in the growth of Pakistan and India.
Related Questions
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