Agriculture is the backbone of the economic system of a given country. The impact on consumers will be significant as the region as a whole is going to have to import basic staples, like maize, for the first time for some years. Zambia has had too much rain as has Malawi. This demonstrates that agriculture products also continue to be important source of earning a country foreign exchange. They lead a comfortable life having all modern amenities—a better house, motor-cycle, radio, television and use of better clothes. In this way, significance of agriculture emerges more and more.
Great Employment Opportunities Construction of irrigation schemes, drainage system as well as other such activities in the agricultural sector is important as it provides larger employment opportunities. However, agriculture as a whole has some common areas of impact in almost every economy in the world although the same is more prevalent in the developing economies. Agriculture is not only the major sector of the country but a powerful one as well. As an exporting nation, food prices in Zimbabwe were held down by market forces to a level that reflected regional and global market conditions less the cost of bridging to markets. In 2010, around 25 million persons were regularly engaged in agricultural work in the European Union. Measures need to be taken to overcome the loss due to heavy or inadequate rainfall so that the farmers can live a happy life. Importance in Transport: Agriculture is the main support for railways and roadways which transport bulk of agricultural produce from farm to the mandies and factories.
At present, agriculture above and beyond farming includes forestry, dairy, fruit cultivation, poultry, bee keeping, mushroom, arbitrary, etc. Approximately 70 % of the people directly rely on agriculture as a mean of living. This can be sold to other countries. . Provision of Surplus: The progress in agricultural sector provides surplus for increasing the exports of agricultural products. Similarly improvement in the productivity of cash crops may pave the way for the promotion of exchange economy which may help the growth of non-agricultural sector.
Therefore, it will be helpful in stimulating the growth of the non- agricultural sector. Agriculture in itself is a significant sector, and apart from being the main sector, this has given rise to several other industries, which are commonly known as the agro-based industries. Below are the importances of agriculture: Source of Livelihood The main source livelihood of many people is agriculture. As a matter of fact, if the process of economic development is to be initiated and made self-sustaining, it must begin for agricultural sector. Late planted maize always low yield is going to yield very little, in many cases nothing.
Agricultural contribution to our national economy is a fraction of what it was overall it is down by about 70% and this year will be much worse and therefore I expect agricultural output to fall in 2015 and this will further exacerbate the overall decline in the economy. Early planted crops and crops assisted with irrigation have done well and there will be a critical volume of tobacco of good quality to meet market demand. Source of Foreign Exchange for the Country: Most of the developing countries of the world are exporters of primary products. The prosperity of agriculture would raise the income of the majority of the rural population and thus the disparity in income may be reduced to a certain extent. Source of Food Supply: Agriculture is the basic source of food supply of all the countries of the world—whether underdeveloped, developing or even developed. This may be exported to other nations. Here, it is worth mentioning that the development of Japan and other countries were made possible by the surplus of agriculture.
Agriculture, for decades, had been associated with the production of basic food crops. Agriculture as a concept has grown as well. This includes India as well where agriculture is the prime source of income for several families. Economic Development Since agriculture employs many people it contributes to economic development. Supply of Food as well as Fodder Agricultural sector provides fodder for domestic animals.
Contrary to this, the proportion of agriculture in U. Most countries have an economy that is dependent on agriculture — either in a small or big way. A free, fair and fresh environment, abundant food driving out famine and friendship eliminating fights. Apart from this, many others like processing of fruits and vegetables, dal milling, rice husking, gur making also depend on agriculture for their raw material. Various schemes should be integrated for the betterment of the farmers along with guiding them on the new ways of farming. Agriculture sector requires less capital for its development thus it minimizes growth problem of foreign capital. South Africa will also have to import grain to meet demand as their season has been both drier and more dysfunctional than usual.
For any economy, trading brings in a certain amount of revenue that adds to the prosperity of the nation. Thus, the release of surplus manpower from the agricultural sector is necessary for the progress of agricultural sector and for expanding the non-agricultural sector. In case the majority of the people have to be kindled with the hopes of prosperity, this can be attained with the help of agricultural progress. The farmers are toiling hard day and night to make sure that these produces reach the households and they can feed themselves as well as their families to have a healthier living. Moreover, many other industries such as processing of fruits as well as vegetables and rice husking get their raw material mainly from agriculture. P stands for Population Growth Rate. In 2001-02, it contributed around 32.