0
Why agriculture is consider as the back bone of the Philippine economy?
Wiki User
∙ 11y ago
Agriculture is important because it is the source of food (the major component of household expenditure in the Philippines) for the economy. Aside from that, it is the source of foreign exchange, the number of laborers that can be absorbed , the source of raw materials for manufacturing and related industries, and a potential market for products of other economic sectors.
To read more on this topic, Google... * bit(dot)ly/1AzpggJ * (without asterisks and change the (dot) to its symbol)
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
How can you say that industries and agriculture are back bone of Indian economy?
Because , Our major income creates from this hand ,people of Indian mostly depend on agriculture, and major part of population works in different industries. that is why it is a the back bone of Indian economy
After reconstruction one major change in agriculture was?
The South had developed a more balanced economy after Reconstruction. The major goals were to rejoin all the states back to the Union and to help rebuild the South.
Why was the U.S. economy so important to the world economy in the 1920's?
U.S. factories produced half of the world's industrial goods Well first off America back then was just kicking off from a normal country to SuperPower. Back then America was more about agriculture and indusrial good so everything was manufactured in the U.S.A. In plain terms We were then what China is now!
What factors are holding back Romania's economy?
the factors that are holding back Romania's economy communist policies.
Why industry is important to a country's economy?
It is the back bone of country
How can you say that industries and agriculture are back bone of Indian economy?
Because , Our major income creates from this hand ,people of Indian mostly depend on agriculture, and major part of population works in different industries. that is why it is a the back bone of Indian economy
How was agriculture a problem in the economy?
In the early 1900's many farmers were overproducing which meant they were flooding the economy with their goods. Farmers were then slowly decreasing the price of their goods so that the government had to intervene with groups such as The Agricultural Adjustment Act, which paid farmers not to farm. Agriculture was, back then, a major part of the economy.
The importance of agriculture in rural development?
Agriculture is most important sector of country economy also back bone of Indian economy.75% of worlds rural population which leaves in rural areas depend on agriculture for there livelihood. Agriculture growth is a key factor for inclusive growth and helps in raising rural income and purchasing power in rural areas.
What are The better watered volcanic islands where the economy is based upon agriculture known as?
go somewhere else and never come back
What is your stand on sabah claimed by the Philippines?
Up to present, Malaysia is still renting Sabah to Philippines. Yes, the Philippines can get it back because it legally belongs to the Sultanate of Sulu (Philippines). The Best way for the Philippine government to claim it back is improve first its Economy. Make the Philippine economy more than enough to support and for the Sabahans and Sarawakans to be happy to go back and be united again with their Muslims brothers and Christian neighbours in Mindanao.
How long does a Philippine passport be valid for travel to Philippines and back?
Philippine passport holder 5 months validity going back to Philippines ?
After reconstruction one major change in agriculture was?
The South had developed a more balanced economy after Reconstruction. The major goals were to rejoin all the states back to the Union and to help rebuild the South.
Why was the U.S. economy so important to the world economy in the 1920's?
U.S. factories produced half of the world's industrial goods Well first off America back then was just kicking off from a normal country to SuperPower. Back then America was more about agriculture and indusrial good so everything was manufactured in the U.S.A. In plain terms We were then what China is now!
What is Philippine Historiography?
Philippine Historiography is the history of the Republic of the Philippines. Philippine history can be traced back to the arrival of Magellan to present day. Many people have recorded this history throughout the years.
What factors are holding back Romania's economy?
the factors that are holding back Romania's economy communist policies.
What kind of agriculture was in New York back then?
farts was life
Why do countries observe daylight saving?
Back when most of the world economy was agriculture, daylight savings time was implemented to give farmers an extra hour of good light during harvesting season. Now days it's mostly not needed.
