The role of agriculture in economic development has undergone an important evolution. In the past‚ agriculture was often viewed as the passive partner in the development process‚ however‚ it is now typically regarded as an active and co-equal partner with the industrial sector. This essay addresses the question of how the agriculture sector can contribute to sustainable economic development of developing countries with the case examples of Zambia. In the same work‚ the essay suggests what the government
Premium Agriculture Poverty Economic development
ORIGIN The hypodermic needle theory also known as hypodermic syringe model‚ transmission-belt model‚ the magic bullet theory is rooted in the 1930s behaviorism and is largely considered obsolete today. It arose from World War 1 in which Propaganda as used to manipulate individuals. During this era‚ the media was deceptively used to persuade much of the population. the war strategies base their action on the mass society theory which stresses increased heterogeneity and individual among community
Premium Mass media
THE IMPACT OF MONEY SUPPLY ON THE ECONOMIC GROWTH OF NIGERIA CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In the critical observation of the recent Nigerian economic position‚ there has been a great divergence between the rate at which money is supplied and the exact impact it has on the general price level‚ which results in inflation and deflation on one hand‚ and the output growth (productivity) on the other hand. Although‚ it had occurred to our mind that Nigerian
Premium Inflation Monetary policy Money supply
What were the central political‚ economic‚ and social developments of the Hellenistic World? The Hellenistic era was the age of Alexander the Great and beyond roughly 300BC-30BC. One of Alexander’s generals was later appointed governor of Egypt and signified an end of the pharaohs of independent Egypt. This was the age of Cleopatra and lasted until the Roman conquests in 30BC. Alexander also appointed a governor for Babylonia as well. This was the age of the rise of the Roman Empire as
Premium Alexander the Great Ancient Greece Greeks
It is deniable that since the invention of the Internet‚ it has had an enormous impact on people’s lifestyle‚ as it has changed the ways they do business‚ entertain themselves and so on. Some people think that it has become centre of their lives. Others‚ however‚ claim that this invention imposes serious dangers in their lives. In my opinion‚ the Internet has both advantages and disadvantages offer. There are several obvious benefits that we can obtain from the Internet. First of all‚ it improves
Premium History of the Internet Entertainment Theft
The economic development in India followed socialist-inspired policies for most of its independent history‚ including state-ownership of many sectors; extensive regulation and red tape known as "Licence Raj"; and isolation from the world economy. India’s per capita income increased at only around 1% annualized rate in the three decades after Independence.[1] Since the mid-1980s‚ India has slowly opened up its markets through economic liberalization. After more fundamental reforms since 1991 and their
Premium Economic development Purchasing power parity Economics
ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT In contemporary times‚ certain economic registers are used frequently. Arguably two of these most used terms in economics‚ ‘economic growth’ and ‘economic development’ are terms that just about everyone is at least remotely familiar with‚ even if they have not studied economics at all. Sometimes it seems everyone knows what economic growth and economic development is. Politicians use these terms all the time‚ and so do teachers‚ managers and even preachers
Free Gross domestic product Economics
Democracy and Economic Development* Adam Przeworski Department of Politics New York University I examine the mutual relation between political regimes and economic development. An analysis of regime dynamics shows that while the paths to democracy are varied‚ once established for whatever reasons‚ democracies survive in developed countries. Contrary to long-standing arguments‚ political regimes do not affect the rate of investment and of the growth of total income. But since population grows
Premium Democracy Government Oligarchy
Chapter III CAPITAL AND ECONOMIC DEVELOPMENT Almost all economists lay emphasis on capital formation as the major determinant of ED. Capital is a man-made factor of production. It is the one of the essentials of development found in the form of liquid cash‚ raw materials‚ tools machines‚ building etc. Deficiency of capital is the basic characteristic of UDCs. It is not possible to raise the level of productivity unless more capital is made available. Hence it is useful to study
Premium Economics Capital accumulation Investment
“Corporate culture: help or hindrance” “The only thing of real importance that leaders do is to create and manage culture. If you do not manage culture‚ it manages you‚ and you may not even be aware of the extent to which this is happening.” Edgar Schein‚ professor MIT Sloan School of Management Nowadays‚ in the end of 2011‚ we can make a clear overview of the remarkable events that took place not a long time ago. And though some people might argue that the hardest economic crisis since 1929 still
Premium Edgar Schein Organizational culture