As nations become more prosperous, the contribution of agriculture to gross domestic product (GDP) declines while the contribution of manufacturing sector increases.” In the case of the Philippines, the contribution of the service sector increases. What does this mean for our country in the context of agribusiness

As nations become more prosperous, the contribution of agriculture to gross domestic product (GDP) declines while the contribution of manufacturing sector increases.” In the case of the Philippines, the contribution of the service sector increases. What does this mean for our country in the context of agribusiness

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter1: Introducing The Economic Way Of Thinking

Section: Chapter Questions

Problem 2SQ

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“As nations become more prosperous, the contribution of agriculture to gross domestic product (GDP) declines while the contribution of manufacturing sector increases.” In the case of the Philippines, the contribution of the service sector increases. What does this mean for our country in the context of agribusiness?"

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