Business Studies, asked by Hercules3250, 1 year ago

What are the major sectors in rural economy?

Answers

Answered by Anonymous
16
ANSWER;......®️

The main characteristics of rural economy are:-

1.) High dependence upon Agriculture.

2.) Animal husbandry dependent.

3.) Seasonality-cropping season, harvesting season etc..

4.) Highly dependent upon rain fall/monsoon.

5.) Festival season increases demand for goods and services.

6.) Mostly cash/barter/credit are mode of transaction.

MARK BRAINLIEST.....⛄
Answered by dreamrob
0

The Major Sectors in Rural Economy are as follows:-

Agriculture, Rural Development, Tourism, Mining, Economic growth, Distribution and production of marketing, etc.

• Rural economy supporting extensive agricultural growth for improved livelihoods and food security.

• Rural Economy mostly depend on farming because farming is the backbone of our country's economy.

• Agriculture is the primary sector of rural development and the economy.

• The rural economy comprises 46% of the national income.

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