Why does technical change in agricultural merit the concern of development economists?

Question

Quizplus · Accepted Answer

Technical change in agriculture can lead to increased productivity, which can lead to increased income for farmers and reduced food prices for consumers. This can have a significant impact on poverty reduction in developing countries, making it an important concern for development economists. Option A and D are both incorrect as they discuss the inflation, which is not necessarily the main concern of development economists. Option B is also incorrect as technical change in agriculture can still be important even if a small percentage of the population are involved in agriculture.

Why Does Technical Change in Agricultural Merit the Concern of Development