Role of agriculture

Agriculture is the overabundant activity of poor countries such as Zimbabwe, which enhance our understanding of the dualistic. In the amplification of agriculture in economic information, a leading interrogative is how agriculture contributes to economic growth and there seems to be a enigma in the role of agriculture in economic development. A well- cognize economist Simon Kuznets played an imperative role in coming up with the roles of agriculture to economic development these embrace wear upon plowshare, foreign vary part and the grocery contribution.The inelegant orbit has preserved its position in the contribution to Zimbabwes economic growth as seen by its appreciable contribution to the national Gross interior(prenominal) Product. For manikin, it has been eminent that the rude sphere has made a convincing contribution to the national fiscus which was disturbed by unreliable rainfall patterns which hit some parts of the country in the last season. Also, agricult ure has maintained pole position in call of its input to frugalitys growth, having contributed 33, 9 per cent to the countrys Gross Domestic Product in year 2010.Labour contribution, as wholeness of the major macro-economic objectives of any government to diminish unemployment, agriculture plays a lowly role in economic development through the transfer of labour from the agricultural firmament to other heavenss of the economy, special(a)ly to the industrial sector. In Zimbabwe agricultural sector stipulates income and employment not far from 60% to 70% of the substance population, consequently agriculture is indeed an economys beef in Zimbabwe.Simon Kuznets also emphasized that the marginal productivity of labour is zero or close to zero, which means that when the marginal productivity of labour is zero, we spate implement the available labour that is from agricultural sector without affecting other sectors of the economy, which thence advantage the economy as a whole. For eign exchange contribution, patronage the statistic that Zimbabwe is currently using the multicurrency system, therefore it still demands foreign currency in-order to substance capital from other countries.The merchandiseation of agricultural merchandises give the sack resource the economy with foreign exchange for purchase of capital goods. In Zimbabwe most of our export earnings emanate from the agricultural sector with an input of about 40% of our total export earnings. The major contributors to the agricultural sector in Zimbabwes export are cash-crops such as tobacco and cotton plant, though cotton was not selling for this years harvest. Industrialization contribution, a considerable and cumulative segment of economic growth during the process of development can be qualified to agricultures contribution to agribusiness.These undertakings of the agricultural sector provision the mathematical product, marketing and retailing of provenderstuff, clothing, beverages and other associated goods for both domestic outgo and exports. According to Davis and Goldberg (1957), thus primary agriculture grows and grows, reflecting agribusinesses, while agribusinesses grow and evolve reflecting primary agriculture. Also provision of raw materials to industries by the agricultural sector moderates the rate of imports of a country, thus may as a sequel lead to balance of payment surplus of a country.In addition this diminishes the overall proceeds costs of a firm as a impression fair and affordable prices are charged, thereby increasing the demand for that particular product which will enforce makers to increase their level of fruit so as to meet the current demand, hence economic growth. Food contribution, since food is a fundamental wage good in a developing economy, diversification of the economy is therefore contingent upon domestic food producers producing a surplus, in excess of their own subsistence, which is large enough to feed a growing number of n on-food producers.The agricultural sector factors in with a important role in the supply of raw material to the food producers of the economy. grocery store contribution, the agricultural sector, because of its sheer size, must initially be the major market for domestic industrial products. Farmers expenditures on industrial goods that are both consumer goods and producer goods, represent one aspect of agricultures market contribution to general economic development.According to Milton and Luther (1964), as farmers purchases of industrial goods have their counterpart in inter-sectorial sales of agricultural goods the agricultural sectors market contribution also includes the sale of food or other farm products to the non-agricultural sector, cosmos accelerated by the adoption of new agricultural technology. The role of production linkages to the process of industrialization. Production linkages channels the effect of an autonomous increase in final exam demand of the product for the given fabrication, not only on the output of that industry and the industry supplyingit with inputs, but also on output of other industry supplying the second industry with inputs. Production linkages can be, backward or antecedent linkages. In general, production linkages quantify how several(prenominal) industries are connected together. Where poverty is a substantially rural phenomenon, which appears to be the case in most low-income countries, industrialization factors through raw materials to agro-processing industries for example food processing industries and textile.According to Alderman(1984),agro-processing industry can be defined, as a subgroup of the manufacturing sector that processes raw materials and intermediary products derived from the agricultural sector, for example forestry and agricultural crops. The founding of certain primary processing industries can lead to forward linkages, which is the ratio of intermediate output sales to other industries to a prod uction sector of industry to the total value of sales to a final consumer.Backward linkages, measure the ratio of intermediate input purchases from other industries in that industry to the total value of the total production output. For example the metals and electrical sector provides a solid backward linkage to agricultural, mining and construction sectors, thereby increasing the overall output of a country and as a result this will increase the countrys Gross Domestic Product, consequently economic growth.In conclusion, agriculture is indeed important to economic development and also production linkages to industrialisation play a trivial role. tho land reform also plays a crucial role to economic development through promoting equity, employment creation, market surplus and productivity. UNIVERSITY OF ZIMBABWE DEPARTMENT OF linguistics INFORMATION LITERACY SKILLS NAME FARAI MPOFU REG R117753A COURSE ECON 211 YEAR 2012 QUESTION How would you evaluate cyberspace information sour ces giving examples.