The Gross Domestic Product of a country is derived from the different sectors of the economy, namely _____________.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. agricultural sector, the industrial sector and the service sector.
- The Gross Domestic Product (GDP) of a country is derived from the different sectors of the economy, namely the agricultural sector, the industrial sector, and the service sector.
- These three sectors together contribute to the overall economic output.
- The agricultural sector includes farming and related activities, the industrial sector covers manufacturing and construction, while the service sector includes industries like finance, healthcare, education, and information technology.
- GDP is a key indicator of a country's economic health and growth.