Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,370 members, 7,978,173 topics. Date: Thursday, 17 October 2024 at 09:07 PM |
Nairaland Forum / Nairaland / General / Agriculture / Important Of Griculture (320 Views)
The Important Of Solar Powered Irrigation System (2) (3) (4)
(1) (Reply)
Important Of Griculture by balibliz(m): 10:28pm On Oct 31, 2018 |
[right][/right][color=#006600][/color]
Source of Livelihood
The main source livelihood of
many people is agriculture.
Approximately 70 % of the
people directly rely on agriculture
as a mean of living. This high
percentage in agriculture is as a
result of none development of
non-agricultural activities to
absorb the fast-growing
population. However, most
people in developed countries do
not engage in agriculture.
Contribution to National
revenue
Agriculture is the main source of
national income for most
developing countries. However,
for the developed countries,
agriculture contributes a smaller
per cent age to their national
income.
Supply of Food as well as
Fodder
Agricultural sector provides
fodder for domestic animals. Cow
provides people with milk which
is a form of protective food.
Moreover, livestock also meets
people’s food requirements.
Significance to the
International Trade
Agricultural products like sugar,
tea, rice, spices, tobacco, coffee
etc. constitute the major items of
exports of countries that rely on
agriculture. If there is smooth
development practice of
agriculture, imports are reduced
while export increases
considerably. This helps to reduce
countries unfavorable balance of
payments as well as saving
foreign exchange. This amount
may be well used to import other
essential inputs, machinery, raw-
material, and other infrastructure
that is helpful for the support of
country’s economic development.
Marketable Surplus
The growth of agricultural sector
contributes to marketable
surplus. Many people engage in
manufacturing, mining as well as
other non- agricultural sector as
the nation develops. All these
individuals rely on food
production that they might meet
from the nation’s marketable
surplus. As agricultural sector
development takes place,
production increases and this
leads to expansion of marketable
surplus. This may be exported to
other nations.
Source of Raw Material
The main source of raw materials
to major industries such as cotton
and jute fabric, sugar, tobacco,
edible as well as non-edible oils is
agriculture. Moreover, many other
industries such as processing of
fruits as well as vegetables and
rice husking get their raw
material mainly from agriculture. 1 Share
|
(1) (Reply)
How To Tap Into Agriculture And Make Money. / Rice Milling Machine Manufacturer / Enjoy Amazing Load Of Gift By Investing In Jehus Farm Green Christmas Celebratio
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8 |