McqMate
| Q. |
In a highly developed country the relative contribution of agriculture to GDP is |
| A. | relatively high |
| B. | relatively low |
| C. | the same as that of other sectors |
| D. | zero |
| Answer» B. relatively low | |
|
Explanation: In developed countries, the labor productivity of any commercial agriculture is high, so only a very small percentage of the population is involved with agriculture even when agriculture is a major industry and export. These countries focus more on manufacturing and service industry. Agriculture or the primary sectors of the economy have sizeable contributions in the GDP of developing nations. |
|
View all MCQs in
Economics (GK)No comments yet