Agriculture marketng in economic development
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Role of Agriculture in the Economic Development of a Country
Some of the major role of agriculture in economic development of a country are as follows:
Agricultural sector plays a strategic role in the process of economic development of a country.
It has already made a significant contribution to the economic prosperity of advanced countries and its role in the economic development of less developed countries is of vital importance.
In other words, where per capita real income is low, emphasis is being laid on agriculture and other primary industries.
“Increase in agricultural production and the rise in the per-capita income of the rural community, together with the industrialisation and urbanisation, lead to an increased demand in industrial production”-Dr. Bright Singh
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Some of the major role of agriculture in economic development of a country are as follows:
Agricultural sector plays a strategic role in the process of economic development of a country.
It has already made a significant contribution to the economic prosperity of advanced countries and its role in the economic development of less developed countries is of vital importance.
In other words, where per capita real income is low, emphasis is being laid on agriculture and other primary industries.
“Increase in agricultural production and the rise in the per-capita income of the rural community, together with the industrialisation and urbanisation, lead to an increased demand in industrial production”-Dr. Bright Singh
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Agricultural marketing plays an important role not only in stimulating production and consumption, but in accelerating the pace of economic development. The agriculture marketing system plays a dual role in economic development in countries whose resources are primarily agricultural.
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