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Exam (elaborations)

ECON 111 Chapter 9 || WELL-ENLIGHTENED WITH CORRECT SOLUTIONS!!

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what fractions of the worlds poorest are in rural areas? correct answers 2/3. Their basic concern is survival Regarding the agricultural sector, most economists agree that correct answers The agricultural sector must play an indispensable part in any overall strategy of economic progress especially for the low income developing countries Agriculture and employment based strategy of economic development consists of 3 basic elements: correct answers 1. accelerated output through technological, institutional, and price incentive changes to raise the productivity of small farmers 2. Rising domestic demand for agricultural output derived from an employment-oriented, urban development strategy 3. diversified, nonagricultural, labor-intensive rural development activities that directly and indirectly support and are supported by the farming community integrated rural development correct answers the broad spectrum of rural development activities including small-farmer agricultural progress, the provision of physical and social infrastructure, the development of rural non farm industries, and the capacity of the rural sector to sustain and accelerate the pace of these improvements over time Green Revolution correct answers the boost in grain production associated with the scientific discovery of new hybrid seed varieties of wheat, rice, and corn that have resulted in high farm yields in many developing countries One reason why their has been poor performance of agriculture in low income regions correct answers there is a bias toward investment in the urban industrial economy that can in turned by traced historically to the misplaced emphasis on rapid industrialization what role does government have in agriculture? correct answers For poverty alleviation. Government should ensure that growth in agriculture shared by the poor 3 systems of agriculture correct answers 1. agriculture is still a major source of economic growth (agricultural based country) 2. most of the world's rural people live in transforming countries 3. rural urban migration has reached the point at which nearly half or more of the poor are found in the cities, and agriculture tends to contribute even less to output growth (urbanized countries i.e. Latin American and Caribbean) agragrian system correct answers the pattern of land distribution, ownership, and management and also the social and institutional structure of the agrarian economy latifundio correct answers a very large landholding found particularly in the latin american agrarian system, capable of providing employment for more than 12 people, owned by a small number of landlords, and comprising a disproportionate share of total agricultural land

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ECON 111
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Institution
ECON 111
Course
ECON 111

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Uploaded on
August 20, 2024
Number of pages
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Written in
2024/2025
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ECON 111 Chapter 9 || WELL-ENLIGHTENED WITH
CORRECT SOLUTIONS!!
what fractions of the worlds poorest are in rural areas? correct answers 2/3. Their basic
concern is survival

Regarding the agricultural sector, most economists agree that correct answers The
agricultural sector must play an indispensable part in any overall strategy of economic
progress especially for the low income developing countries

Agriculture and employment based strategy of economic development consists of 3 basic
elements: correct answers 1. accelerated output through technological, institutional, and price
incentive changes to raise the productivity of small farmers
2. Rising domestic demand for agricultural output derived from an employment-oriented,
urban development strategy
3. diversified, nonagricultural, labor-intensive rural development activities that directly and
indirectly support and are supported by the farming community

integrated rural development correct answers the broad spectrum of rural development
activities including small-farmer agricultural progress, the provision of physical and social
infrastructure, the development of rural non farm industries, and the capacity of the rural
sector to sustain and accelerate the pace of these improvements over time

Green Revolution correct answers the boost in grain production associated with the scientific
discovery of new hybrid seed varieties of wheat, rice, and corn that have resulted in high farm
yields in many developing countries

One reason why their has been poor performance of agriculture in low income regions correct
answers there is a bias toward investment in the urban industrial economy that can in turned
by traced historically to the misplaced emphasis on rapid industrialization

what role does government have in agriculture? correct answers For poverty alleviation.
Government should ensure that growth in agriculture shared by the poor

3 systems of agriculture correct answers 1. agriculture is still a major source of economic
growth (agricultural based country)
2. most of the world's rural people live in transforming countries
3. rural urban migration has reached the point at which nearly half or more of the poor are
found in the cities, and agriculture tends to contribute even less to output growth (urbanized
countries i.e. Latin American and Caribbean)

agragrian system correct answers the pattern of land distribution, ownership, and
management and also the social and institutional structure of the agrarian economy

latifundio correct answers a very large landholding found particularly in the latin american
agrarian system, capable of providing employment for more than 12 people, owned by a
small number of landlords, and comprising a disproportionate share of total agricultural land

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