1) personal consumption expenditures (C)
2) gross investment (I)
3) government purchases of goods and services (G)
4) net exports of goods and services, or exports minus imports (X - M)
Services industry contributes 55.5% to Indian GDP. binod@126.com
The cement industry is one of the oldest sectors of business in India. It accounts for around 11 percent of the total GDP.
Gross Domestic Product (GDP) is measured using three main sectors of the economy: the primary sector, which includes agriculture and raw materials; the secondary sector, encompassing manufacturing and construction; and the tertiary sector, which covers services such as healthcare, finance, and education. These sectors collectively reflect the total economic activity within a country. GDP can be calculated through production, income, or expenditure approaches, integrating contributions from each sector.
in 2011-12 the % contribute by agriculture was 14%
The four sectors in Keynesian macroeconomic model are business, household, foreign sector and government. The Keynesian macroeconomics focuses on a broad scale where the above mentioned sectors play an important role.
Services industry contributes 55.5% to Indian GDP. binod@126.com
14%
The cement industry is one of the oldest sectors of business in India. It accounts for around 11 percent of the total GDP.
Gross Domestic Product (GDP) is measured using three main sectors of the economy: the primary sector, which includes agriculture and raw materials; the secondary sector, encompassing manufacturing and construction; and the tertiary sector, which covers services such as healthcare, finance, and education. These sectors collectively reflect the total economic activity within a country. GDP can be calculated through production, income, or expenditure approaches, integrating contributions from each sector.
in 2011-12 the % contribute by agriculture was 14%
The four sectors in Keynesian macroeconomic model are business, household, foreign sector and government. The Keynesian macroeconomics focuses on a broad scale where the above mentioned sectors play an important role.
Sectors related to GDP:Agriculture Growth Rate-GDPIndustry Growth Rate- GDPInfrastructure Sector Growth Rate- GDPServices Sector Growth Rate- GDPBusiness Expectations Index Surveys on India GDPIndia GDP and Standard of LivingLimitations of GDP per Capita in Measuring GrowthGDP India vs. GDP ChinaIndia GDP Forecast 2008World Bank India GDPBy Anaya,The Cheesy Animation
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They are the Primary, Secondary, Teritary and Consumer
The four broad categories are consumption, investment, government purchases, and net exports.
There is a trend to include them in GDP along with arts and music as they are significant in make up around the world ( around 5% of GDP) exceeding utility sectors such as water, gas, and electricity. Depending on where you look, volunteerism may meet or exceed banks and financials as far as GDP contribution! UN Source: http://www.unv.org/en/news-resources/news/doc/volunteering-accounts-for-5.html
Scotland's GDP for 2013 was approximately £149 billion. This figure reflects the total economic output of the country for that year, accounting for various sectors including services, manufacturing, and agriculture. The economy was characterized by a strong services sector, particularly in finance and tourism.