Agriculture is vital for economic development as it provides employment for a significant portion of the population, especially in developing countries. It contributes to national GDP and trade by producing food, fibers, and raw materials for various industries. Additionally, agriculture supports rural development and can enhance food security, thereby stabilizing economies. Overall, a robust agricultural sector fosters economic resilience and growth.
Agribusiness basically refers to large companies, concentrating on earning of revenue from sale of agricultural produces. this businesses, as their base is agriculture, are dependent on climatic factors. the major concern of agribusiness includes the input sector, production sector , the output sector and marketing. the agriculture only calls for the input and production sector. this made agribusiness to be the basis for rural economic development. Well, for further information call me@ 251912172096 or use my e-mail: wondie22@gmail.com
agriculture is practised in primary sector while industries fall under secondary sector
The national sector refers to the part of an economy that is controlled or influenced by the government, encompassing various industries and services. This sector includes public services such as healthcare, education, and infrastructure, which are essential for societal functioning and development. In many economies, the national sector plays a crucial role in regulating economic activity and ensuring equitable access to resources. It contrasts with the private sector, which is driven by profit motives and individual entrepreneurship.
service
Agriculture is vital for economic development as it provides employment for a significant portion of the population, especially in developing countries. It contributes to national GDP and trade by producing food, fibers, and raw materials for various industries. Additionally, agriculture supports rural development and can enhance food security, thereby stabilizing economies. Overall, a robust agricultural sector fosters economic resilience and growth.
agriculture
Ans: Agriculture;"As agriculture is known to be the backbone of INDIAN Economy"
Nwanze Okidegbe has written: 'Agriculture sector programs' -- subject(s): Agricultural development projects, Agriculture, Economic aspects, Economic aspects of Agriculture, Planning 'Fostering sustainable development' -- subject(s): Public investments, Sustainable development
Kilimo Kwanza, meaning "Agriculture First," is an initiative aimed at transforming Tanzania's agricultural sector. Its objectives include increasing agricultural productivity, enhancing food security, and promoting sustainable agricultural practices. The initiative seeks to improve the livelihoods of farmers through better access to resources, technology, and markets, ultimately fostering economic growth and development in rural areas. Additionally, it emphasizes the importance of agriculture in national development and encourages investment in the sector.
Agriculture Sector
Agriculture sector
Agribusiness basically refers to large companies, concentrating on earning of revenue from sale of agricultural produces. this businesses, as their base is agriculture, are dependent on climatic factors. the major concern of agribusiness includes the input sector, production sector , the output sector and marketing. the agriculture only calls for the input and production sector. this made agribusiness to be the basis for rural economic development. Well, for further information call me@ 251912172096 or use my e-mail: wondie22@gmail.com
The primary sector, which includes agriculture, mining, forestry, and fishing, contributes significantly to national income and employment, particularly in developing countries. It provides essential raw materials for other sectors and often employs a large portion of the workforce, especially in rural areas. In many economies, the primary sector can account for a substantial share of GDP, reflecting its importance in sustaining livelihoods and driving economic growth. However, as economies develop, the relative contribution of the primary sector to national income typically declines as the focus shifts to secondary and tertiary industries.
agriculture is practised in primary sector while industries fall under secondary sector
The role of an agriculture graduate in development of Indian agriculture is to bring in fresh ideas to the agricultural sector. This will help in improving various agricultural activities and in turn increase production levels.
Agriculture Sector