Question

Which of the following contains two sectors whose percentage contribution to real GDP has declined since 1900?

A) Services and exports
B) Farming and services
C) Farming and manufacturing
D) Manufacturing and exports

Answer 1

The sectors that have declined in terms of percentage contribution to real GDP since 1900 are farming and manufacturing.

Step-by-step explanation:

The student asked which two sectors have seen a decline in their percentage contribution to real GDP since 1900. Based on the provided reference information, it is clear that the sectors that have declined are farming and manufacturing. Over the years, there has been a significant shift in the economy from producing goods to providing services.

According to the data, services have grown to represent over 60 percent of GDP, up from about 45 percent in the early 1960s. In contrast, manufacturing has declined from 45 percent of GDP in 1960 to about 30 percent in 2016. The primary sectors, such as farming, now constitute less than 10 percent of the GDP. Consequently, the correct answer to the student's question is C) Farming and manufacturing.