Question

Explain the relevance of bottom-up and top-down approaches in the development of agrarian economy

Answer 1

Answer:

A new paradigm was coined for agricultural and rural development in the late 1970s and early 1980s. It is commonly known as the 'farmer first' approach, or 'bottom-up' development and has greatly influenced the way that rural development is practised today. It put participation and empowerment firmly in the vocabulary of rural development (and, indeed, of development more generally).

A response to top-down agricultural development

Answer 2

The relevance of bottam-up and top-down approaches in the development of agrarian economy are described below:

- A stock's fundamentals can be examined closely using bottam-up investigating approach by a money manager.

- These companies look for well performance over time and on such determinations the management team of company ratios of low earning prices (P/E) and earning potential growth's.

- The lowering and raising of inflation , price of commodities, interest rates etc. is analysed where the stock market is headed.

- Here, investors will see various factors that are economical that affects the overall market.