ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Most people in LDCs (less developed countries) work in:
A
subsistence agriculture
B
commercial agriculture
C
the service sector
D
information technology
Explanation: 

Detailed explanation-1: -Productivity of LDC agriculture is relatively low. Land degradation is a major problem, due to increasing population pressure, erosion, water scarcity and the breakdown of traditional systems for soil fertility.

Detailed explanation-2: -Subsistence farming is the most widely used agricultural method in Sub-Saharan Africa, where the majority of the rural poor depend on their land for survival. With the land as their livelihood, people are able to fray the costs of transportation, rent, and food, as well as the cost of urban living.

Detailed explanation-3: -Intensive subsistence farming is practised in densely populated regions of the world, mainly in south and south east Asia including China, Japan and India. In areas with low population density, extensive farming is practised.

Detailed explanation-4: -Agriculture provides employment opportunities for rural people on a large scale in underdeveloped and developing countries. It is an important source of livelihood.

There is 1 question to complete.