Why Agriculture Is Important In Myanmar?

Why Agriculture Is Important In Myanmar?

Around 60 percent of the national GDP is produced by agriculture and the processing of agricultural products, and as many as 65 percent of the population is employed by them.

Why the agriculture is important?

A given economy depends on agriculture for its survival. A country’s economic system is based on agriculture. A large percentage of the population are provided employment opportunities by agriculture.

Why is agriculture important for a country?

More than half of the labour force is engaged in agriculture. It’s the main source of income for the majority of the economy population. 70% of the population relates to agriculture in some way.

How the agriculture sector can contribute to the economic development of Myanmar?

For many years to come, the agricultural sector will play a remarkable role in reducing poverty in the country because it supplies basic necessities of human life, provides basic inputs for industries, and also purveys goods for exports and other purposes.

Why is agriculture important for economic development?

There is a role for agriculture in the economy. Expansion in the agriculture sector resulted in the expansion of the industrial sector. Agriculturalists can invest in industries if they have money. The expansion of the industrial sector is a result of this.

See also  What Is Difference Between Typical And Atypical Chest Pain?

Does Myanmar focus on agriculture?

The most favorable agricultural conditions in all of Asia can be found in the country ofMyanmar. Fruits, vegetables, rice, and other items can be grown in the country. The agriculture sector employs more than 60 percent of the workforce and contributes 42% of GDP.

What is the major agricultural product of Myanmar?

Rice is the country’s primary agricultural product, accounting for almost half of the total agricultural production value. 70% of the country’s population live in rural areas and the agriculture sector is important for rural development.

What do we get from agriculture?

Most of the world’s food and fabric is provided by agriculture. Cotton, wool, and leather are used in agriculture. Wood for construction and paper products can be found in agriculture. The agricultural methods used in one part of the world may not be the same in another.

What is vegetation cover of Myanmar?

Primary forest is the most biodiverse and carbon dense type of forest. Almost one million ha of forest was planted in the country. The country lost an average of 372,250 ha per year from 1990 to 2010.

What are agriculture products?

Any agricultural product, whether raw or processed, including any product derived from livestock that is marketed in the United States for human or livestock consumption, is referred to as a “agricultural product”.

When did farming start in Myanmar?

The Irrawaddy valley is thought to have existed as far back as 3,500 years ago.

What is the main industry in Myanmar?

Natural gas is the main source of revenue for the country, followed by minerals and gems. The principal imports are machinery and equipment.

See also  Are Bonus Taxable Philippines?

How does agriculture benefit the environment?

Roughly 50 percent of the Earth’s land is pasture and cropland, which provides habitat and food for many species. Agricultural operations can help improve soil health and water quality by being managed in a sustainable way.

Comments are closed.
error: Content is protected !!