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The service sector includes (but is not limited to) farm and factory related activities.
In secondary and tertiary sectors, they employ less than half of a people but these two sectors produce more GDP than primary sector.
this activity is also known as farming or agriculture activity or agriculture sector.
Public sector companies (PSUs) have beaten the private sector in the financial year 2017-18 by registering an employment growth of 8%, higher than the latter’s 6.3%, a study has shown.
Using data from the Job Opening and Labor Turnover Survey, the authors saw job opening rates in the manufacturing sector nearly double, from 1.8 percent in 2001 to 3.1 percent in 2017. The tertiary sector contributes the most to the GDP of India because since 1973, the tertiary sector has captured India a lot due to it's services, opportunities and interest especially between the period of …
this sector provide a large number of employment to the people of India. Don’t worry we won’t send you spam or share your email address with anyone.
Most subsectors within finance and insurance have a multiplier effect ranging from 2.0 to 4.0, and an estimated 700,000 nonfinancial jobs depend on this sector. A wide range of materials are available for jewellery, including gold, platinum, diamonds, tiger’s eye and a variety of other semi-precious stones.South Africa’s financial services sector boasts dozens of domestic and foreign institutions providing a full range of services including commercial, retail and merchant banking, mortgage lending, insurance and investment.Government supports programmes to promote commercially oriented small-scale farming as well as support for smallholders on land acquired through land reform.Manufacturing is dominated by industries such as automotive, chemicals, information and communication technology, electronics, metals, textiles, clothing and footwear.South Africa has both well-developed commercial farming and more subsistence-based production in the deep rural areas.South Africa’s economy has been traditionally rooted in the primary sectors – the result of a wealth of mineral resources and favourable agricultural conditions.South Africa continues to focus on business tourism as an area with significant growth potential.
GDP (PPP) sector composition, 2017 … Another boost was delivered by the advertising and marketing industries, which account for a quarter of the total growth of the creative industries since 2017.The Cultural Sector contributed £32.3bn to the UK economy in 2018 - up 2.7 per cent from the previous year.
In a recent development, a think tank that purports to work on data has laid claim to the fact that the total working population in India has, in fact, declined by 10 million in the last year.
Farming remains vitally important to the economy.
We’ll send you a link to a feedback form. Domestic tourism figures put Limpopo in the lead with 8.3 million visitors, followed by Gauteng at 4.4 million and KwaZulu-Natal at 4.2 million.The mining industry, and its related industries, are critical to South Africa’s socio-economic development as it contributes significantly to economic activity, job creation and foreign exchange earnings.Agricultural activities range from intensive crop production and mixed farming in winter rainfall and high summer rainfall areas, to cattle ranching in the bushveld and sheep farming in the arid regions.Covering 1.2-million km², South Africa is one-eighth the size of the United States and has seven climatic regions, from Mediterranean to subtropical to semi-desert.The sector accounted for 13% of South Africa’s GDP (as at Q3 2017). The country also boasts world-class primary processing facilities for gold, platinum, carbon steel, stainless steel and aluminium.South Africa has also shown interest to enter the rare earth mining in the Namaqualand region.
The services sector dominated Malaysia’s employment in 2019, with almost 62 percent of the labor force working in that sector.
Hence, we cannot say, which sector of economy has contributed the most to the employment. Between 1999-00 and 2004-05, employment in the tertiary sector increased by only 22 per cent, whereas GDP at constant prices contributed by the services sector expanded by 44 per cent.
The Information technology industry is a knowledge based industry with skilled professionals in India.