Economics statement meaning?

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Please anyone tell a detailed meaning of this statement ~~~>"In absolute terms,the number of people engaged in agriculture activities over the planning period has increased"
Replies (4)

Hi Vibhor, it means " Suppose that there are 30 crore population in India in 1950 and the persons engaged in agricultural sector are 15 crore, then we can say that 50% of the Indian population is dependent on agriculture. Similary assume that the population of India in 1980 is 80 crore and the persons engaged in agriculture are 20 crores, it means we can say that only 25% of the Indian population is engaged in agriculture. By observing the above two cases we can say that percentage of Indian population dependent on agriculture have decreased from 50% to 20%, but in absolute terms they increased from 15crore to 20 crore"  Hope you understand....bye

 

Awesome!!! Thanks alot! I didnt expect a reply. Haha -------- Anyway. Unfortunately I have many doubts in eco. Can you please help me out? ----Tell me what's repo rate and reverse repo rate. And what are the current status of these in india? ----What's 'mahalanobis model' & on what is it stressed upon? ----There is a quesion in my book, saying Area under irrigation has increased over the years. But i wonder how?

in a partnership firm A B C are sharing profits and losses as 1/2 1/3 &1/6 so in what ratio will i divide them and plz show me the process 

LCM 3+2+1/6 =3/6,2/6,1/6 Simple

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