What is the role of agriculture in economic development?
The role of agriculture in economic development is versatile. Food production and similar agricultural companies have the potential to feed the nation, to supply employment and contribute to the tax base of local and national governments. Development nations can dramatically reduce poverty through efforts to stimulate the growth of agricultural enterprises. Studies suggest that regardless of whether the developing country is poor or rich, focused efforts to grow the agricultural sector: reduced poverty, improved food supply and increased export. As regards agriculture in economic development, a country with unique natural resources benefits from offering the resulting agricultural products to other countries and regions. For example, in the 20th century, a production specific to the Chile nation, they wanted citizens connected states and neighboring countries. Chile capitalized the demand for its agricultural products and the resulting income generated by export improved economic conditions. Demand for Chile's production helped to grow farms, increase jobsand add to the gross domestic product of the country.
As can be seen in the early history of the United States, many countries will begin to build economic power and international trade through agriculture. As soon as the country becomes stronger in terms of the economy, many turn to more advanced companies and business opportunities such as natural resources, technologies or industrial products. Fewer citizens produce agricultural products for a living. Economic growth naturally creates higher average earnings, more advanced and more stable infrastructure and better educational opportunities. Citizens can expand from just acquiring needs and seek to meet wmraves and interests, including exotic foods, imported fibers and other agricultural products from around the world.
changes in average income and expenditure skills among developed countries offer opportunities for developing countries. Like their predecessors, they canDevelopment countries to use natural resources to increase trade with other nations. In addition to exotic or unique products, developing countries can also provide other terminal trades such as grains and natural fibers. The role of agriculture in economic development not only serves to increase trade for these specific goods, but also serves to establish business relations and the development of markets for future goods and services outside agricultural products.
Although international trade is important, local communities usually feel the effects of agriculture in economic development long before the effects are reflected on a national scale. One farm can offer several OR dozens of jobs for local citizens as well as providing healthy and abundant food for the inhabitants of the area. Taxes paid from real estate, products sold and subsequent income on the farm help increase tax revenues for community and provide financing community programs and critical infrastructure. Several farms in the same area have naturally inA more impact on the local community. The expansion of agricultural growth in such a way that it includes the whole region, the state or other region, then begins to influence the economic conditions at the national level.