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sdas [7]
3 years ago
8

The textile industry in indonesia has traditionally been one of the largest employers in the manufacturing sector. increased pro

duction levels in this industry during the first three quarters this year led industry experts to believe that the industry contribution to indonesia's gdp would also increase. however, at the end of the year in was seen that the percentage of indonesia's gdp that came from the textile industry actually declined.
which of the following, if true, would best explain this outcome?

a. other major indonesian industries reported greater increase in production value than those reported by the indonesian textile industry.
b. the textile industry's production during the fourth quarter was remarkably high.
c. workers from other manufacturing sectors shifted to the textile industry because it paid higher wages and offered better working conditions.
d. textile prices in indonesia increased substantially that year.
e. the textile industry received more grants from the government this year than the previous year.
Business
1 answer:
kiruha [24]3 years ago
6 0

Other major Indonesian industries reported greater increases in production value than those reported by the Indonesian textile industry.

<h3><u>Explanation:</u></h3>

In a particular period of time, the monetary value that are obtained by a country due to the production and selling of goods and services is referred to as GDP. It is an important factor that determines the growth rate of a country in an economic framework.

In the example given, it can inferred that the textile industry of Indonesia is considered as the major contributor of GDP because the textile industries has largest amount of employees. But at the end GDP decreased and this is because other major industries in Indonesia has major contribution and production values than the textile industries.

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