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Kerala's employment data show that agriculture employs far more people than its share in GSDP. What does this mismatch imply?

AAgriculture is highly productive

BLabour is under-employed in agriculture

CIndustrialisation has absorbed surplus labour

DKerala's economy is still agrarian

Answer:

B. Labour is under-employed in agriculture

Read Explanation:

  • The Mismatch: The core statement is that Agriculture's share in GSDP is low, but its share in employment is high.

    • Low GSDP Share: This means agriculture produces relatively little value for the state's economy.

    • High Employment Share: This means a large number of people are working in the sector.

  • The Implication (Under-employment): When many people are producing very little value, it indicates low productivity per worker. This situation, where more people are engaged in a sector than are economically necessary, is known as disguised unemployment or under-employment. If some workers were removed, the total output might not significantly decrease.


Related Questions:

Which of the following statements accurately describe the sectors of the Indian economy and related concepts?

  1. The primary sector is characterized by activities that directly utilize natural resources and is often referred to as the agricultural sector.
  2. The secondary sector, also known as the service sector, focuses on providing services rather than manufacturing goods.
  3. The tertiary sector is responsible for manufacturing goods using raw materials from the primary sector.
  4. Economic growth occurs when the primary, secondary, and tertiary sectors operate independently without any interrelation.

    ഇവയിൽ ഏതെല്ലാം ആണ് ഉല്പാദന ഘടകങ്ങൾ ?

    1.ഭൂമി

    2.തൊഴിൽ

    3.മൂലധനം

    4.സംഘാടനം

    ഇവയിൽ ശരിയായ പ്രസ്താവനകൾ ഏതെല്ലാം ?

    1. മനുഷ്യരുടെ വിവിധ ആവശ്യങ്ങള്‍ തൃപ്തിപ്പെടുത്തുന്നതിനായി സാധനങ്ങളും സേവനങ്ങളും ലഭ്യമാക്കുന്നതിനെയാണ് ഉല്പാദനം എന്ന് പറയുന്നത്.
    2. ഉൽപാദന പ്രക്രിയയിൽ നിന്നും ലഭിക്കുന്ന സാധനങ്ങളെയും സേവനങ്ങളെയും ആണ് ഉൽപ്പന്നങ്ങൾ എന്ന് വിളിക്കുന്നത്
    3. ഉൽപ്പന്നങ്ങൾ ഉൽപ്പാദിപ്പിക്കുന്നത് ഗാർഹിക യൂണിറ്റും,ഉൽപ്പന്നങ്ങൾ ഉപയോഗിക്കുന്നത് ഉൽപ്പാദന യൂണിറ്റും ആണ്

      With reference to limitations of the primary sector, consider the following:

      1. It depends heavily on natural resources like land and weather.

      2. It can expand its output nearly without limits by capital and technology additions.

      3. It is subject to diminishing returns due to reliance on a fixed factor.

      Which sector of the economy involves activities that directly use natural resources?

      1. The primary sector is characterized by activities that directly utilize natural resources.
      2. The secondary sector is defined by its direct use of natural resources.
      3. The tertiary sector is primarily involved in the direct exploitation of natural resources.