Agriculture
which has been the main occupation in the
country ahs more or less been stagnating there has not been much
improvement in the system . This really retards our ability
to raise capital for development and
also leads our continued
importation of even foodstuff
from outside sources. This, for
sure, drains our foreign exchange and
thus makes it difficult for use to import capital equipments of
modern technology . If productivity
in agriculture has been increasing steadfastly our income per capita would also
have been rising significantly,
ceteris paribus . But because of
the relative stagnation not much
has been achieved in this direction.
If agriculture unproved, its salary
effects will bear even on
the other sectors of the economy because of the fact that the different sectors of the economy are linked together. The effect of any improvement in any of them shows
itself on the other sectors
References
L.C Ezeaku (1997) Positive Discussions in Economic
Uruowulu
Obosi, Pacific College Press Ltd
Black
J. (1997) Oxford Dictionary of Economics
. Oxford : Oxford
University Press.
Report
of the Conference of FAO 4th Session. Washington D.C,
November 1984
A.G Frank, “ The
Development of Underdevelopment”
Development. Hooool comesta??? Critical Concepts in the
Social Sciences (2005)
Underdevelopment
of Countries. World Problems Issue
Online