evaluate the role of technological and institutional changes in resource development which bring more economic development
Answers
Answer:
The purpose of this paper is to examine the interrelationship between structural transformation in agriculture in one hand and its sustainable development on the other. In that process, the paper intends to bring out the interaction between institutions, technology and organizational changes in agriculture. Structural transformations are examined in terms of (1) changes in the size distribution of land holding and (2) changes in other productive assets such as livestock, agricultural machinery, and implements, irrigation. The paper will also look at the effects of structural transformation on (1) the fall in profitability in agriculture and its consequences on livelihood and in that process, the forced movement of labour from agriculture to non-agriculture, (2) over capitalization of agriculture and (3) the increased energy use and its adverse consequences on sustainable development.