The share of GDP in the secondary sector is now larger in LDCs than MDCs.

Question

Quizplus · Accepted Answer

This statement is true. GDP in the secondary sector (which includes industries such as manufacturing and construction) makes up a larger share of the economy in LDCs (Less Developed Countries) than it does in MDCs (More Developed Countries). This is due in part to the fact that many LDCs are still in the process of industrializing and expanding their manufacturing capabilities.

The Share of GDP in the Secondary Sector Is Now