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A Significant Factor In Developing Any Economy History Homework Help

Abstract:

Agriculture plays a significant role in developing any economy, and the research mainly focuses on how agriculture has particularly impacted the economy of developing and less developed countries. In most countries, more so the sub-Haran part of Africa, agriculture has played a crucial role in its economy. The agriculture role in the economic sector enables the learners to develop a positive attitude towards agriculture. We can realize the reasons why we should be practicing agriculture. The primary method used in the study research is the sampling method which will include the quantitative analysis of the country sampled. The data collected is then analyzed and presented out for the outcome evaluation. Agriculture has dramatically influenced the development of less developed countries. More people have been employed in the agriculture sector. This is according to the research that was conducted by Risa (2013). Agriculture earns the income in any economy. This implies that agriculture plays a crucial role in any countries development. Thus has been said that agriculture is the backbone of developing economies.

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Introduction

Agriculture plays a crucial role in the entire life of any given economy, and it is said to be the backbone of economic activities in a given country. Agricultural activities play critical roles in economic development in Less Developed Countries (LDCs). Agriculture creates income and provides food in developing countries, contributing to poverty reduction and employment creation. According to Dethier and Effenberger (2011), about 60% of the (LDCs) labor force works in the agricultural sector. Moreover, agriculture accounts for about 25% of the developing country’s GDP (World Bank, 2018). As such, the industry provides food and employment opportunities, promoting economic growth in the countries. However, balancing agricultural activities and initiative is vital for a country to realize significant economic development over time.

This study aims to understand the role of agriculture in the economic development of less developed countries. The research will talk about the critical impacts of agriculture on the development of some less developed countries. The study will mainly check on the countries where agriculture has played a significant role in developing a nation. As such, the research will examine the critical role played by agriculture in the rural development of less developed countries by assessing issues such as the agricultural labor force, reliance on subsistence agriculture, contribution to national income and gross domestic product, provision of raw materials for industrial development, and the development of infrastructure. This analysis will ask the question: What role does agriculture play in developing LDCs’ rural economies.  This research is motivated by statistics provided by Roser (2013), which showed that up to 90% of the population of some regions in LDCs such as Sub-Saharan Africa were employed in the agriculture sector. Equally important is World Bank (2018) statistics that showed that agriculture contributes more than 25% to most LDCs. The research will secondary research sources to collect data and assess the research questions. The study is scheduled to be carried in a sample of about 3.5 million in a country in Africa.

The study will use a cross-sectional design relating to interpretivism and positivism philosophies. The research approach will endeavor to answer questions like why, how, when, and the aims of the research subject. To enhance cross-sectional research design, the research will employ the survey method for data collection. The study will use a mixed approach to explain how agriculture promotes economic growth. A qualitative review of the topic will produce qualitative data; for instance, various countries’ GDP on agricultural output will be analyzed to measure development.

 

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The study will use a cross-sectional design relating to interpretivism and positivism philosophies. The research approach will endeavor to answer questions like why, how, when, and the aims of the research subject. To enhance cross-sectional research design, the research will employ the survey method for data collection. The study will use a mixed approach to explain how agriculture promotes economic growth. A qualitative review of the topic will produce qualitative data; for instance, various countries’ GDP on agricultural output will be analyzed to measure development.

The research will use a non-probabilistic method to acquire study participants. A random sampling method will be used to pick the sample from Africa and other agricultural countries. Moreover, the quantitative data will be analyzed using SPSS software, whereas MS excel will analyze quantitative data. The data will be collected, fed into the SPSS software. After which, the data will be then analyzed out. The analyzed data will be presented using descriptive statistics, including charts and frequency distribution tables for the quantitative data.

Conversely, the qualitative data will be presented in content and thematic analysis techniques. Moreover, the study participants’ confidentiality will be maintained by keeping the respondents anonymous. They will be assured that the information they will provide will be used only for research. The data will then be used to teach on the importance of agriculture in developing countries.

This research will help us create a positive attitude towards the agriculture sector. We will know how the agriculture practice enables us to develop and revive some declining economies. In this study, we will see how agriculture creates employment opportunities and enhances revenue collection. This research is essential in a way it can help some countries practice agriculture.

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This topic enables us to realize the positive roles that agriculture plan the less developed countries; through the study, we can learn how agriculture creates employment opportunities, acts as a source of income, and contributes to economic development. The study is carried out in a country in Africa; the country is among the developing country, but practices agriculture. It has a sample population of about 3 million people. The research will mainly make us learn the importance of agriculture in a country.

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Literature Review

Various studies have emphasized the relationship between agriculture and food security, sustainable agriculture in LDCs, the contribution of agriculture in rural development, and nutrition and poverty. However, they do not expound on the role of agriculture in economic development. According to Diao et al. (2007), only agriculture has sufficient and reliable potential to increase economic growth in the foreseeable future. The researchers established that agriculture is one effective area of reducing poverty within Sub-Saharan Africa. Agriculture’s indispensable role in rural development is evident in LDCs, including those with alternative resources for economic development, such as industrial growth and mineral resources. The researchers established that agriculture was responsible for more than 50% of SSA GDP between 1960 and 1990 and still retains a higher potential for rural economic development.  Diao et al. (2007) noted that although the agricultural sector faces numerous challenges in SSA, the region must continue making investments in the farming sector to develop the rural area and support economic growth. The findings by Diao et al. (2007) on the significance of agriculture to poverty reduction were further supported by results and projections by the Food and Agriculture Organization, which stated that agriculture holds the key to poverty reduction, which has very high incidences in LDCs (as presented in figure 1). The FAO report says that individuals can rise from poverty through non-farm activities, which need to be supported by agricultural activities. (Diao et al. (2007) also noted the numerous challenges that the farm sector faces within SSA. According to the researchers, nutrition is a crucial determinant of growth. However, the availability of food can be a constraint to economic growth. It would discourage investments and efforts in other sectors of the economy that are equally important for economic growth. The researchers determined the potential of agriculture to support the poor in rural and urban regions. They recommended that strategies be implemented to ensure that the sector retains its indispensable role in supporting the rural economies of LDCs in SSA.