The World Bank data for high-income countries suggest that today about 1.4 per cent of their GDP is derived from agriculture. What per cent of their population is employed in the agriculture sector?

Question

Quizplus · Accepted Answer

In high-income countries, a smaller percentage of the population is employed in agriculture compared to lower-income countries. This is due to higher levels of industrialization and technology use in agriculture, which increases productivity and reduces the need for labor. Therefore, less than 10 per cent of the population in high-income countries is employed in the agriculture sector.

The World Bank Data for High-Income Countries Suggest That Today