Importance Of Agriculture

Question 1

What are the roles of agriculture

Answer 1

♡ It acquires Foreign Exchange Earrings
♡Contributes to Gross Domestic Product (GPD)
♡ it facilates food security
♡ good employment ratio of imported food to local produce
♡ it promotes trade liberalization

Question 2

Foreign exchange earning

Answer 2

This is money from other countries, when goods and services are sold to them

This will be in foreign currency. These money sometimes have a higher value then local money, hence having more spending power

Question 3

Gpd Gross domestic product

Answer 3

This is the value of goods and services produce in the country over a specific period

Agricultural good and services adds to the total GNP, hence making country less dependent on imports and provide food security

Question 4

Food security

Answer 4

The state of have reliable access to sufficient qu

Question 5

Good employment ratio of imported to local produce

Answer 5

There is a wide range of job opportunities, such as farming, agricultural education, and farm management. Improved agricultural production improves the chances of employment in the region

Question 6

Trade liberalization

Answer 6

The removal or reduction of restrictions or barriers on the free exchange of goods between nation. This includes the removal or reduction or both tariff( duties and surcharge) and non-tariff obstacles ( limes licensing rules , quotas and other requirements)