South Asia: Economic Notes

South Asia: Economic Notes

​Population

• India has the second highest population in the world

• It is also home to one of the world's most diverse economies

Multiple Choice

India has the ___________ largest population in the world

• first

• second

• third

• fourth

​Workforce

• Over half of the workforce remains in the primary economic activities of agriculture (tea, cotton, rice, cultivation)

• India has seen a substantial increase in industry (secondary) and services (tertiary) in many of its largest cities

• Over 30% of the GDP comes from the industrial services and 50% comes from tertiary economic activities

Multiple Choice

Which of the following is NOT a primary economic activity in India?

• tea

• cotton

• coffee

• rice

​Technology

• Technology is a critical part of the Indian economy

• Engineering and pharmaceutical research are critical parts of the economic markets of India

• As a result of India's vast technological resources and low-cost labor force, many businesses from around the world have outsourced their labor to the region to capitalize on growing infrastructure and a cheap force of labor

Multiple Choice

What is a critical part of the Indian economy?

• farming

• technology

• mining

• rioting

Economy

• Much of South Asia's economy outside of India comes from primary economic activities such as agriculture and mining

• The Maldives has seen a significant increase in tourism in recent decades as has the small nation of Nepal which has benefited by an increased tourism industry boosted by those wishing to climb the Himalayan Mountains

Multiple Choice

Much of South Asia's economy outside of India comes from which economic activity?

• secondary (manufacturing)

• tertiary (services)

• primary (agriculture)

• quaternary (research)

Tourism

• Tourism has been negatively impacted, however, by natural disasters such as monsoons and heavy snows as well as violence in the region (terrorism in Sri Lanka and conflicts between Pakistan and India)

• Pakistan's economy is developing and is mostly focused on secondary economic activities such as manufacturing of maritime, medical, and automotive products

Multiple Choice

Which of the following has NOT negatively impacted tourism in South Asia?

• violence

• monsoons

• heavy snows

• hurricanes