Q. 34.7( 6 Votes )

Which type of occ

Answer :

Economic development occurs when the national income and per capita income of the county rises. The rise in Gross Domestic Product (GDP) is due to the increasing economic activities. But a boost in the national income would be with the improvement of the secondary and tertiary sector. The history of all the developed countries shows that their development is by the improvement of both the secondary and the tertiary sector. The primary sector will contribute to the development of the country only in the initial stages. Only with the transition to the secondary sectors like manufacturing and the service sector the economy can achieve growth. To achieve economic development, the economy would have to provide basic necessities to the people and improve their standard of living.


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