Diversification in the Agriculture Sector: A Catalyst for Sustainable Economic Development

By Razaq A. Adekunle

Agriculture involves the cultivation of land, raising and rearing of animals, for the purpose of production of food for man, feed for animals, and raw materials for industries. It involves forestry, fishing, processing, and marketing of these agricultural products. Essentially, it is composed of crop production, livestock, forestry, and fishing. Agriculture is the mainstay of many economies. All over the world, the development of an enduring economy goes hand in hand with agricultural development thus, there is a need for Nigeria to exploit her various agricultural resources to full potential in order to accelerate her quest and efforts to achieve sustainable economic development.

What You're Going to Learn in This Book

Origins of Agriculture: Anthropology Vs Mythology
Build a Career by Pursuing Agricultural Economics
The Effect of Commodity Prices on Farmland Investments
Making Organic Farming Practices Accessible to Filipino Farmers
Poverty Eradication Through Agriculture and Enterprise Revolution
Agriculture Industry Amidst Stiff Competition for Self-Promotion

Agriculture is considered a catalyst for the overall development of any nation; development economists have always assigned the agriculture sector a central place in the development process, early development theorists though emphasized industrialization, they counted on agriculture to provide the necessary output of food and raw materials, along with the labor force that would gradually be absorbed by industry and services sector. Much later thinking moved agriculture to the forefront of the development process; the hopes for technical change in agriculture and "green revolution'' suggested agriculture as the dynamo and magic wand for economic growth and development. The above statistic indicated that the more developed a country is the lower the contribution of agriculture to Gross Domestic Product. Economy diversification is an economic development strategy characterized by increasing the numbers of the revenue base of an economy.

• Format: Paperback
• Language: English
• ISBN: B08BTZ8JPJ
• ISBN13: 9798656665056
• Release Date: June 2020
• Publisher: Independently Published
• Length: 156 Pages
• Weight: 0.52 lbs.
• Dimensions: 0.4" x 6.0" x 9.0"