Correct option is C
The correct answer is: (c) decreases
Explanation:
· As an economy develops, agriculture’s share in GDP decreases, while industry and services sector grow.
· This is a characteristic of structural transformation in development economics.
Information Booster:
· Developed countries have less than 5% GDP from agriculture.
· Indian economy: Agriculture contributes ~15-18% of GDP.
· However, it employs ~45% of the workforce in India.
· Growth shifts to manufacturing and service sectors.
· Agriculture still crucial for food security and employment.
Additional Information:
· Remains stable/constant: Only true in stagnating economies.
· Increases: Opposite of actual development trend.