0
What is the role played by the primary sector in the gdp of developing countries?
Wiki User
∙ 11y ago
This question cannot be answered the way it is written. Please be more specific. Please rephrase and resubmit your question so it can be answered.
Wiki User
∙ 11y ago
The primary sector, which includes agriculture, forestry, fishing, and mining, often plays a significant role in the GDP of developing countries. This sector provides employment to a large portion of the population and contributes to food security and export earnings. In some developing countries, the primary sector can account for a substantial portion of the GDP.
Add your answer:
Earn +20 pts
What is the role played by the primary sector in developing countries?
The primary sector in developing countries plays a crucial role in providing livelihoods for a large portion of the population, particularly in rural areas. It is also a significant source of export earnings and contributes to food security. However, it faces challenges such as limited access to technology, market volatility, and environmental sustainability issues.
What does the history of developed countries indicate about the shifts that have taken place between sectors?
The history of developed countries shows a progression from primarily agrarian economies to industrialized economies and, more recently, to service-based economies. This shift between sectors indicates a trend towards increased specialization, technological advancement, and a higher focus on knowledge-based industries. It also reflects a move towards greater efficiency and productivity in response to changing market demands and global competition.
Is Tesco a geographic or functional business?
Tesco is a functional business. It operates primarily in the retail sector, providing groceries and a variety of other products and services to consumers. It is not specifically tied to a geographic region, as it has locations and operations in multiple countries.
What are the richest countries in the western hemisphere?
The United States, Canada, and Brazil are among the richest countries in the western hemisphere based on their GDP and overall economic development. The United States has the largest economy in the world, while Canada is known for its high standard of living and resource-based economy. Brazil is an emerging economy with a diverse industrial and agricultural sector.
What percentage of African people work in agriculture?
Approximately 60-70% of African people work in agriculture, with variations across countries and regions. Agriculture remains a significant sector in many African economies, providing employment and contributing to food security and economic development.
What is the role played by the primary sector in developing countries?
The primary sector in developing countries plays a crucial role in providing livelihoods for a large portion of the population, particularly in rural areas. It is also a significant source of export earnings and contributes to food security. However, it faces challenges such as limited access to technology, market volatility, and environmental sustainability issues.
What is the role played by the primary sector in the GDP in the countries shown relate your answer to the jobs offered salaries and the value of products to developing countries?
It is the main sector in developing countries, as it provides the most employment and is the beginning of the production process.
What is the role played by the primary sector in the economy of your country?
The Primary sector of the economy is the change of natural resources into primary products, it is the first step followed by the secondary and tertiary sectors. Most products from this sector provides raw materials for other industries.
Why primary sector shrinking?
The primary sector is shrinking because business is moving to other countries because it's cheaper labour.
Who is a polluter?
poor households, informal sector firms small and medium-size firms from the formal sector exporters in developing countries
What is a primary industrial sector?
The primary sector of the economy can be defined as the sector of an economy making direct use of natural resources. This includes agriculture, forestry and fishing, mining, and extraction of oil and gas. This is contrasted with the secondary sector, producing manufactured and other processed goods, and the tertiary sector , producing services. The primary sector is usually most important in less developed countries, and typically less important in industrial countries
Should a developed country help developing countries?
Yes, Australia regularly helps developing countries both in the form of government funded aid and aid from the private sector.
What are the types of primary jobs?
Primary jobs are jobs that are in the primary job sector. This sector of the economy extracts or harvests raw materials (products) from the earth. Activities associtated with the primary sector includes agriculture, mining, forestry, farming, and fishing. The primary sector accounts for the majority of jobs in developing countries.
Are primary sector growing or declining and why?
They are declining because the UK imports primary sector goods from other countries because it is cheaper.
Why is primary sector important to a country's economy?
The sector of an economy making direct use of natural resources. This includes agriculture, forestry and fishing, mining, and extraction of oil and gas. This is contrasted with the secondary sector, producing manufactures and other processed goods, and the tertiary sector, producing services. The primary sector is usually most important in less developed countries, and typically less important in industrial countries.
What entails financial sector development and how can policy makers in developing countries develop its financial sectors?
koiowawa ker
What is the primary sector and the secondary sector?
Primary Sector is the Agricultural sector which provides food and other subsistence for the people and raw materials for the industry. Secondary sector consists of industries of the economy.
