1. “Will the world starve?” This question was asked in the Economist and has bee
ID: 2495840 • Letter: 1
Question
1. “Will the world starve?” This question was asked in the Economist and has been the topic of recent conferences in Washington, D.C. and in other places. According to the conference participants and others, there were at least two answers, ‘Yes’ and ‘No’.
a. Using your knowledge of agriculture, rural development, population trends, technology, public policy and the history of the topic, evaluate both sides of the argument as thoroughly as possible. Then discuss what you think will actually occur in the next half century. As an economist stress the role of prices and market
b. Assume you were to be appointed the Minister of Agriculture for Kenya where food production is growing more slowly than the country’s population. Explain the strategy that you would follow to promote agricultural development and growth in the country. What role does agricultural price policy play in this process?
Explanation / Answer
1)In this arguement, Agriculture ,rural devolopment,population trend,technology and public policy plays an important role.Agriculture plays a critical role in the entire life of a given economy.Agiculture is backbone of economic system of a given country.Agriculture provide food and employment oppertunity.Rural devolopment is the another tool,this eliminate poverty and inequality and oppertunity.population growth trends are negatively effected in the economy,ie,shortage of production and other issues are arises.government policies are change in time to time that lead to economic growth and eliminate starve of the people.
2)population growth is higher than that of agricultiure growth.that leeds to food shortage and leeds to starve.so government promote agricultural devolopment and to overcome the problem.the swtrategy to promote agriculture are to use high yielding seeds,to use modern technology,government provide various promoting policy etc.the role of agriculture price policy made to overcome economic problems.
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