How do the relations between agriculture and industry differ

Assignment Help Microeconomics
Reference no: EM13871074

1. Why is an agricultural surplus often considered to be a precondition for industrialisation?

2. Why is a balance between the agricultural sector and the industrial sector considered to be advantageous for economic development in later stages of development?

3. How do the relations between agriculture and industry differ between earlier and later stages of development?

Reference no: EM13871074

Questions Cloud

What does that say about your measures utility levels : Based on your Planning & Recruitment strategies, what is your selection ratio likely to be (give a specific numerator and denominator). What does that say about your measures' utility levels
Cases the court relied upon in reaching its decision : The ruling is the answer to the issue.  Did the court affirm or reverse the lower court's decision and happens next?  Last, but not least, the reasons should tell the reader why the court decided the way it did.  In your case, include statutes and/or..
What are situations in which you might accept a higher level : What are some experiments for which you might want a lower alpha level (e.g., 0.01) - what are some situations in which you might accept a higher level (e.g., 0.1)?
Compute gross pay and deductions and net pay : Compute gross pay, deductions, and net pay
How do the relations between agriculture and industry differ : How do the relations between agriculture and industry differ between earlier and later stages of development? Why is an agricultural surplus often considered to be a precondition for industrialisation?
The capital projects fund and the debt service : Prepare journal entries to record the foregoing transactions and events in the appropriate funds Prepare preclosing trial balances as of December 31, 2013 for the Capital Projects Fund and the Debt Service Fund.
How can managers improve their decision-making skills : Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions and Bad decisions? How can managers improve their decision-making skills
Company''s net profit at time of dissolution : Company already made SR. 20,000 of payment on their NCB loan by time of dissolution. Company's net profit at time of dissolution is SR. 200,000.
How to calculate the average inventory holding : How to calculate the average inventory holding

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd