Chapter 16: Agriculture
Chapter Learning Objectives
After reading the chapter, you ought to understand and be able to explain:
- Agriculture’s fundamental role in economic development.
- The issues in the debate about food self-sufficiency and food security.
- The various forms of land tenure in developing countries and the effect of property rights on incentives in agriculture.
- The political and economic issues relating to land reform programs.
- The characteristics of traditional and modern agricultural technologies, including the modern mechanical and biological packages.
- The importance of road and irrigation systems, credit institutions, extension services, and market networks and the problems generally faced in developing this rural infrastructure.
- How pricing policies affect agricultural output, farmers’ incomes, the urban cost of living, and the government budget.
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NOTE TO INSTRUCTORS: the answers to the Exercises are found on the Norton Resource Library, not the Gradebook. To access that go to www.wwnorton.com/nrl.