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Running Header: ARICULTURAL INDUSTRY
Agricultural Industry
Student's name
Date
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ARICULTURAL INDUSTRY
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I. INTRODUCTION
The agricultural sector is a production or primary activity that obtains raw materials of plant
origin through cultivation. This is one of the most important economic activities in rural
areas. Together with the livestock or livestock sector, the agricultural sector is part of the
agricultural sector. Agricultural production is the result of agricultural activity. This category
includes products obtained from agriculture and may be intended for the feeding of persons or
animals (potatoes or wheat) or industry (rubber or cotton). This concept should not be confused
with others such as agricultural production (which includes, for example, livestock farming) or
rural production (which would include agricultural products but also industrial or artisanal
products, for example). That is why the agricultural sector is of vital importance to all
countries, regardless of whether they are underdeveloped or developed (Abor, 2017). The
agricultural sector contributes to the compensation of the need for food, also to the prosperity of
the citizens and the industry and economy of the country. For example, an ear of wheat, farmed
in the field, contributes to farmers as a source of nutrition and income, and to employees of the
flour mill who buys wheat as a source of nutrition, income and employment, as well as Economy
of the country creating added value. Numerous products generated in the agricultural sector are
used as input of raw material. Due to this aspect, a developed agricultural sector contributes to
the improvement of the health of the citizens nourishing regularly, to the insurance of
employment to the town, To the growth of industrialists reaching the raw material and the
economy of the country. Several subsidies are granted to the agricultural sector in many
developing and developed countries. In this way, a regular agricultural production is guaranteed
to support the producers who work in this sector. These improvements came from the proper
management of cash flow, budgeting, and also have enough capital structure.
ARICULTURAL INDUSTRY
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II. STRATEGIC OBJECTIVES
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Economic sustainability
The strategy must find ways to bring real economic benefits to the rural sector. While
fiscal discipline is important, this means, among other things, not simply subjecting the
sector to fiscal cuts in structural adjustment programs.
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Social sustainability
The strategy should also improve the economic well-being of low-income groups and
other disadvantaged groups, including women. Otherwise, it would lose its social
viability.
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Fiscal sustainability
Policies, programs, and projects for which funding sources are not fully identified should
not be undertaken. In an age of increasing fiscal tightening in all countries, the
application of this principle encourages the search for new sources of fiscal revenue and
ways in which beneficiaries of policies, programs and projects can contribute to their
financing, Ways to encourage cost recovery.
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Institutional sustainability
Institutions cre...