Table of Contents
- 1 Which sector is important for development?
- 2 What is the importance of development in points?
- 3 What is your concept of development?
- 4 Which sector is more important and why?
- 5 What is the importance of industrial development in economic development?
- 6 What is the importance of primary sector in economic development?
Which sector is important for development?
Education, Agriculture and Human Resources. Aquaculture (Fisheries) , Agriculture and Education the most important sector to invest for the developing countries to boom their economy .
What is the importance of development in points?
Development activities offer people several kinds of opportunities. Development is concerned with health, education, acquisition of civil rights, availability of employment, the right to dignified life, gender equality, community welfare, and decentralised administration.
What is the importance of understanding growth and development?
The assessment of growth and development is very helpful in finding out the state of health and nutrition of a child. Continuous normal growth and development indicate a good state of health and nutrition of a child. Abnormal growth or growth failure is a symptom of disease.
Which sector is most important sector?
Top Performing Sectors of Indian Economy
- Agricultural Sector: One of the most important sectors of the Indian economy remains Agriculture.
- Industry Sector: Another important part of the Indian economy is the Industry sector.
- Services Sector:
- Food Processing:
- Manufacturing Sector:
What is your concept of development?
Development is a process that creates growth, progress, positive change or the addition of physical, economic, environmental, social and demographic components. The identification of these traps enables relating to political – economic – social conditions in a country in an attempt to advance development.
Which sector is more important and why?
Tertiary sector has become important in India because : are the responsibility of the government in developing countries. (ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors.
Which sector is most important and why?
One of the most important sectors of the Indian economy remains Agriculture. Its share in the GDP of the country has declined and is currently at 14\%. However, more than 50\% of the total population of the country is still dependent on agriculture.
Which sector helps in the development of primary and secondary sector?
the service sector
Activities that fall under the service sector help in the development of the primary and secondary sectors by not directly producing a good but helping these sectors by activities that are an aid or a support for the production process.
What is the importance of industrial development in economic development?
It is historical fact that countries with strong industrial sector have showed more economic growth and development industrial sector have shows improvement in national income and promoted living standard of population. Industrial development plays a pivotal role in economic uplift.
What is the importance of primary sector in economic development?
Economic Development. The primary sector is usually most important in less developed countries, and typically less important in industrial countries. The manufacturing industries that aggregate, pack, package, purify or process the raw materials close to the primary producers are also considered as a part of this sector.
What is the development industry and why does it matter?
The development industry stands in between opportunities for direct collaboration and support. It seeks to mediate all the relationships that could develop between peers in developed and developing countries –and even between developing countries. So-called development experts (what is a development expert, by the way?
Why is economic development important to a region’s economy?
Top 6 Reasons that Economic Development is Important to a Region’s Economy [Infographic] Economic development is a critical component that drives economic growth in our economy, creating high wage jobs and facilitating an improved quality of life. The business development team at the Orlando Economic Partnership works to attract,