OVERVIEW QUESTION INTRODUCTION LINKAGES-
PRODUCTION,DEMAND,INVESTMENT AND SAVINGS
RECOMMENDATIONS INFERENCE
QUESTION
DISCUSS THE LINK BETWEEN AGRICULTURAL DEVELOPMENT AND INDUSTRIAL GROWTH?USING EXAMPLES FROM GHANA’S EXPERIENCE, WHAT POLICIES WOULD YOU RECOMMEND FOR CREATING STRONGER LINKS BETWEEN THESE TWO SECTORS?
AGRICULTURAL SECTOR (21.3%)
Subsectors:-Crops other than cocoa(61.3%) -Cocoa(13.3%) -Forestry(11.1%) -Fisheries(6.9%) -livestock(7.5%)
What then is AGRICULTURAL DEVELOPMENT?The process of promoting the proper conditions for farming so that the plannning,havesting and processing of crops can be done effectively and efficiently.
INDUSTRIAL SECTOR (28.1%)
Subsectors: -Manufacturing(7.6%-2010) -Mining and quarrying(6.8%-
2009) -Electricity(7.5%-2009)
-Construction(9.3%-2009) -Water and sewage(7.7%-
2009)What then is INDUSTRIAL GROWTH?Positive change in the size and capacity of the industrial sector over a period of time.
LINKAGE BETWEEN AGRICULTURAL DEVELOPMENT AND INDUSTRIAL GROWTH PRODUCTION
DEMAND SAVINGS & INVESTMENT
PRODUCTION
INPUT OUTPUT RELATIONSHIPEg. -Textile manufacturing -Agro Chemicals -Supply of modernized farming implement
DEMAND
Terms of trade Direct effects eg. Consumption of basis
goods
SAVINGS AND INVESTMENT Dependent on the size output.
POLICIES RECOMENDATIONS PROVISION OF SUPPORT FUND AND
SUBSIDIES RESEARCH AND EDUCATION STANDARDIZATION OF OUTPUT PRIORITIZING LOCALLY MANUFACTURED
GOODS
IN A NUT SHELLThere is a positive correlation between the agricultural development and industrial growth. These linkages create synergies, thus the strengthening of these sectors will aid go a long way to affect the economy positively. The development of one at the expense of the other will not be enough for development. Hence the need to strengthen both parties.
WITH A GREATFUL HEART WE SAY…GRATITUDE:
ALMIGHTY GOD DR. RAYMOND DZIWORNU OUR LOVELY DISCUSSANTS ENTIRE CLASS
THANKS FOR YOUR AUDIENCE HAVE A BLISSFUL DAY