Question

Why does the share of agriculture in an economy's income and employment decrease with development?

• A. Farmers get less price than what consumers pay.
• B. People prefer to work in industries and not in agriculture.
• C. Jobs in manufacturing and service sectors are highly paid.
• D. Agricultural products are bought from countries outside India.

Answer 1

The correct option is A Farmers get less price than what consumers pay.

Agricultural products are processed, preserved, and branded by industries. As a result, the prices that farmers get are much less than the prices at which consumers buy. Thus, the share of agriculture in an economy's income and employment decreases with development.