How do the relations between agriculture and industry differ

Assignment Help Microeconomics
Reference no: EM13871074

1. Why is an agricultural surplus often considered to be a precondition for industrialisation?

2. Why is a balance between the agricultural sector and the industrial sector considered to be advantageous for economic development in later stages of development?

3. How do the relations between agriculture and industry differ between earlier and later stages of development?

Reference no: EM13871074

Questions Cloud

What does that say about your measures utility levels : Based on your Planning & Recruitment strategies, what is your selection ratio likely to be (give a specific numerator and denominator). What does that say about your measures' utility levels
Cases the court relied upon in reaching its decision : The ruling is the answer to the issue.  Did the court affirm or reverse the lower court's decision and happens next?  Last, but not least, the reasons should tell the reader why the court decided the way it did.  In your case, include statutes and/or..
What are situations in which you might accept a higher level : What are some experiments for which you might want a lower alpha level (e.g., 0.01) - what are some situations in which you might accept a higher level (e.g., 0.1)?
Compute gross pay and deductions and net pay : Compute gross pay, deductions, and net pay
How do the relations between agriculture and industry differ : How do the relations between agriculture and industry differ between earlier and later stages of development? Why is an agricultural surplus often considered to be a precondition for industrialisation?
The capital projects fund and the debt service : Prepare journal entries to record the foregoing transactions and events in the appropriate funds Prepare preclosing trial balances as of December 31, 2013 for the Capital Projects Fund and the Debt Service Fund.
How can managers improve their decision-making skills : Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions and Bad decisions? How can managers improve their decision-making skills
Company''s net profit at time of dissolution : Company already made SR. 20,000 of payment on their NCB loan by time of dissolution. Company's net profit at time of dissolution is SR. 200,000.
How to calculate the average inventory holding : How to calculate the average inventory holding

Reviews

Write a Review

Microeconomics Questions & Answers

  Require a lot of calculations in stata

Require a lot of calculations in STATA

  Determine the profit of the restaurant

The Blue Dragon Restaurant is a new Chinese Restaurant in town. As the only Chinese restaurant in the area, it faces the following daily demand curve: Q = 800 - 40 P where Q is the number of meals it serves per day and P is the average price of its m..

  There are 2 brands of cell phones that are almost identical

there are 2 brands of cell phones that are almost identical except for some minor features the a-phone and the

  What quantity should titan produce to maximize total revenue

What quantity should Titan produce to maximize total revenue and what is Titan's fixed cost? How do Titan's marginal costs behave as output increases?

  What can be done to rectify the failures

What different mechanisms are available to the federal government to change aggregate demand Why is a market economy susceptible to coordination failures that can lead to unemployment and inflation

  What would occur to average and marginal productivity if

what is the relationship between average and marginal productivity? what would happen to average and marginal

  Predict ridership and total fare revenue.

As a transit planner, your job is to predict ridership and total fare revenue. Suppose that short-run elasticity of demand for commuter rail (over a one-month period) is 0.60, and the long-run elasticity (over a two-year period) is 1.60.

  Describing the task of managers

Why is it significant for managers to understand both short run and long run supply and demand? Please give one hypothetical or real life example which illustrates your response.

  A precise statement of the rationale for a business

A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals is a

  Diversify into another fast-food area

Assume that Wendy's International, Inc., wants to diversify into another fast-food area. You are required to prepare a brief report for the company executives outlining an attractive opportunity. In preparing the report, go through the followin..

  For each of the items above explain what would be likely

the policies of the federal government influence the outcomes of the various activities in that economy. when

  Would it be possible to create market mechanism to deal

would it be possible to develop a market mechanism to deal with some negative externalities? would it be possible to

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd