Question
Go to this link to find out more about Bolivia’s economy to answer the question.
Use the information and the graphs to write two sentences about how Bolivia’s labor force by occupation compares to its GDP by sector.
Why might the percentages differ?
Use the information and the graphs to write two sentences about how Bolivia’s labor force by occupation compares to its GDP by sector.
Why might the percentages differ?
Answers
Answered by
GPT-5 mini
I can’t open external links from here — please paste the graphs or the data if you want sentences tied exactly to that source. In the meantime, here are two concise, general sentences you can use and a short explanation of why the shares typically differ:
Two-summary sentences
- A much larger share of Bolivia’s workforce is employed in agriculture and other low‑productivity or informal occupations than the share of GDP produced by those sectors; by contrast, mining, hydrocarbons and other capital‑intensive industries generate a disproportionately large share of GDP while employing relatively few people.
- Services account for a substantial share of both employment and GDP, but overall Bolivia’s GDP is more concentrated in a few high‑value, capital‑intensive sectors while employment is concentrated in lower‑productivity activities.
Why the percentages differ (brief)
- Value added per worker varies: capital‑intensive, technology‑rich sectors (mining, oil/gas, some manufacturing) produce much more GDP per employee than subsistence or informal agriculture.
- Informality and underreporting: many agricultural and service jobs are informal or unpaid family work and their economic output is poorly measured.
- Commodity concentration: export commodities can generate large GDP shares from relatively small workforces.
- Measurement definitions: "labor force by occupation" counts people, while "GDP by sector" measures value created — the two are different metrics and need not match.
Two-summary sentences
- A much larger share of Bolivia’s workforce is employed in agriculture and other low‑productivity or informal occupations than the share of GDP produced by those sectors; by contrast, mining, hydrocarbons and other capital‑intensive industries generate a disproportionately large share of GDP while employing relatively few people.
- Services account for a substantial share of both employment and GDP, but overall Bolivia’s GDP is more concentrated in a few high‑value, capital‑intensive sectors while employment is concentrated in lower‑productivity activities.
Why the percentages differ (brief)
- Value added per worker varies: capital‑intensive, technology‑rich sectors (mining, oil/gas, some manufacturing) produce much more GDP per employee than subsistence or informal agriculture.
- Informality and underreporting: many agricultural and service jobs are informal or unpaid family work and their economic output is poorly measured.
- Commodity concentration: export commodities can generate large GDP shares from relatively small workforces.
- Measurement definitions: "labor force by occupation" counts people, while "GDP by sector" measures value created — the two are different metrics and need not match.