QUESTION INTRODUCTION LINKAGES- PRODUCTION,DEMAND,INVESTMENT AND SAVINGS RECOMMENDATIONS INFERENCE
DISCUSS THE LINK BETWEEN AGRICULTURAL DEVELOPMENT AND INDUSTRIAL GROWTH? USING EXAMPLES FROM GHANA’S EXPERIENCE, WHAT POLICIES WOULD YOU RECOMMEND FOR CREATING STRONGER LINKS BETWEEN THESE TWO SECTORS?
Subsectors:-Crops other than cocoa(61.3%) -Cocoa(13.3%) -Forestry(11.1%) -Fisheries(6.9%) -livestock(7.5%) What then is AGRICULTURAL DEVELOPMENT? The process of promoting the proper conditions for farming so that the plannning,havesting and processing of crops can be done effectively and efficiently.
Subsectors: -Manufacturing(7.6%-2010) -Mining and quarrying(6.8%-2009) -Electricity(7.5%-2009) -Construction(9.3%-2009) -Water and sewage(7.7%-2009) What then is INDUSTRIAL GROWTH? Positive change in the size and capacity of the industrial sector over a period of time.
Terms of trade Direct effects eg. Consumption of basis goods SAVINGS AND INVESTMENT Dependent on the size output.
PROVISION OF SUPPORT FUND AND SUBSIDIES RESEARCH AND EDUCATION STANDARDIZATION OF OUTPUT PRIORITIZING LOCALLY MANUFACTURED GOODS
There is a positive correlation between the agricultural development and industrial growth. These linkages create synergies, thus the strengthening of these sectors will aid go a long way to affect the economy positively. The development of one at the expense of the other will not be enough for development. Hence the need to strengthen both parties.
GRATITUDE: ALMIGHTY GOD DR. RAYMOND DZIWORNU OUR LOVELY DISCUSSANTS ENTIRE CLASS THANKS FOR YOUR AUDIENCE HAVE A BLISSFUL DAY