Less developed countries economies grow by primary sector, Business Economics

Assignment Help:

Can less developed countries economies grow by developing its primary sector as agriculture?

Less developed countries economies can grow by developing its primary sector as agriculture because:

• The majority of the world poor is rural poor. Thus agricultural reform can do most to enhance the standard of living of rural poor.

• Neglect of agriculture through less developed countries can check progress since food has to be imported

• Agricultural transformation can be less disruptive, increase productivity and exploit comparative benefit.

• Several agricultural products like quality wines consist of a high YED and PED.


Related Discussions:- Less developed countries economies grow by primary sector

Why are penalty clauses in monetary compensation, Subcontracts frequently i...

Subcontracts frequently include penalty clauses to provide the main contractor defence into the case of the supplier’s poor performance. Why are penalty clauses not the complete an

Effective private sector involvement, Problem 1: (a) The Mauritian gove...

Problem 1: (a) The Mauritian government is now increasingly involving the private sector in the development of the economy. How can government support effective private sector

What do you understand by the term "anthropometry"?, QUESTION 1 (a) Wha...

QUESTION 1 (a) What, according to you, are the ergonomic problems associated with the use of visual display units? Describe the measures which can be taken to eliminate these p

Terms of trade, Difference between gross barter and net barter terms

Difference between gross barter and net barter terms

What are the limits of national income statistics, What are the limits of n...

What are the limits of national income (NY) statistics in measuring development within a country? National income statistics simply show changes in GDP (Gross Domestic Product)

Economics, MBA Economics Assignment Question 1: Many analysts in both deve...

MBA Economics Assignment Question 1: Many analysts in both developed and developing worlds have heavily criticized the cases of monopolies. Discuss using relevant examples whether

Explain about theories and models linked to development, Explain about theo...

Explain about theories and models linked to development. • There is no one agreed theory of development. All models, as Rostow, provide an insight in one or two dimensions of t

Privatisation, definition, advantages and disadvantages of privatisation?

definition, advantages and disadvantages of privatisation?

What are the factors of the economic sectors, What are the factors of the e...

What are the factors of the economic sectors? The factors of the economic sectors: • Primary sector including natural resources as like agriculture, fishing, quarrying minin

Discuss about regional trade agreements, Question 1: ‘The WTO was set u...

Question 1: ‘The WTO was set up with the intention of regulating international trade between countries'. How successful has the WTO been in attaining its objectives? Questi

Write Your Message!

Captcha
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