Economy of BD

What do they do?

- Grow crops cultivating the land - Meet their demand of food w that - Sells portion of their crops in the market to earn money and run their family - If they produce more crops they sell it to the market which feeds the people of the country - This way they contribute to the economy of bd

Major economic sectors of Bangladesh; Agriculture:

- People depend on it for livelihood - Paddy, jute, tea, pulse, robi crops, producing vegetables and fruits, forest resources, livestock rearing, pisciculture are considered as agricultural sectors. - contribution of agriculture in our national economy is more than 20%.

Major economic sectors of Bangladesh; Service sector

- Service sector plays an important role in the economy of any country. - Education, healthcare, housing, transport or communications, bank-insurance, public - administration, law enforcing agencies are the examples of service sector. - Service sector is run by both public and private enterprise. - The more a country is developed and more importance is given on public welfare, the more vigorous is the service sector there.

importance of urban economy

- difference between the rural and urban way of life is getting reduced to some extent due to industrialization and urbanization Interdependence of city and village is increasing - Due to education, employment, healthcare etc, rural people are more dependant on urban sector

Village people depend on?

Agriculture

Major economic sectors of Bangladesh; Trade and Commerce

Domestic and foreign trade is the main economic sector. - The buying and selling of products within the country on personal and institutional initiative is called domestic trade. - domestic trade plays an important role in keeping the economy of the country vigorous. - We import some of the goods to meet the local demand - we export some of the goods producing in plenty in our country - In this way, foreign currency earned by exporting goods strengthens our economy.

Most ppl of rural BD are:

Farmers

the economic way of life

The economic work, done by any society or a group of people as livelihood, is called the economic way of life of that society or population group.

Agriculture was neglected in the past but now it is improved how?

at present, modem tools, fertilizers, insecticides and hybrid seeds are being used in agriculture. As a result, not only the production of crops has increased but income increased too.

economic way of life of the urban workers, industrialists, officers and businessmen centers round ?

either industry or commerce

Where do floating people live?

footpath, parks, railway station, launch terminal etc

Importance of rural economy

greater portion of our demand for food comes from agriculture and the village people are the main producers. The main source of industrial raw materials of the country is rural agricultural sector. So, trade and commerce and employment depend mostly on the rural economy

Major economic sectors of Bangladesh; Industry:

includes materials produced in factories, electricity, gas, mineral resources, construction of building and infrastructure etc. - remarkable industrial products of Bangladesh are jute and leather products, thread and cloth, paper mill, garments industry, furniture workshop, sugar mill, food processing industry, petrol and chemical industry, medicine industry etc. - more developed a Country is, the more important is the role of industrial sector in the economy of that country

Who keeps the urban economic life active?

industrialists, businessmen, service holders, professionals, workers, day labourers and slum dwellers, all getting together, keep the urban economic life active

In Urban area, large number of people live in?

large number of people live in capital Dhaka, port city Chattogram, Industrial city Narayanganj and in Khulna