Observe the ‘pie’ graphs given on page 34 and answer the following questions.

i) In the year 2011-12, in G.D.P. share of which sectors are increased when compared to the year 1972-73?

ii) How much the share of agricultural sector in GDP is decreased in the year 2011-12 when compared to the year 1972-73.

i) the industry has increased from 22% to 26 %, Trade, hotels, transport & communication has increased from 15% to 27 %, Finance and insurance sector have increased from 8% to 17 %, community and social services have increased from 12% to 13 %. So except agriculture rest, all the other sectors have increased.

ii) The agricultural sector has decreased from 43% to 17%. The reason for this is the industrial revolution. Due to new methods of manufacturing, more factories were set up and people started to prefer to work in factories rather than on the farm. The goods were produced in mass and at cheaper rates. Gradually the industrial sector started to dominate the economy surpassing the agricultural sector.