Question

For centuries, rural development was ignored by economists and intellectuals-- it
was thought that industrialization and urban development were the key to economic
growth. Today most development economists see rural development as a key
component.

a). Why did economists change their mind?

b). Design a strategy for rural development.

Answer 1

Answer : Economists change their mind from industrial development as well as urban Development towards rural development of a country . The reasons behind are as follows :

• When a country think about rural development than it has wider perspective for the sustianable development.
• Better education, health facialities as well as quality of living resulted in better productivity of the country.
• Improving the quality of life of an economic well being in the country.
• Development in the country resources and technology in smarter and better manner.

Answer : Strategies for rural development has been formulated in such a manner that it provides logical and systematic result such as :

• Firstly, the strategy are formulated in such a manner that they are able to reduce poverty reducation techinques, reducing unemployment problem etc.
• Providing economic and social being of utilising resources in logical manner.
• Improving food security through rationing system.
• Proper utilisation of natural resources in logical manner.
• Strength rural policies and rural institutions.
• Strategy that focus on improvement of resources and quality of well being.