Disadvantages of a Fall in Agricultural Output for an Economy
Question
Explain two possible disadvantages to an economy of a fall in its agricultural output.
Category:
Economic Growth & Development
Preview Answer
STEPS TO WRITE ESSAY 💡MAIN POINTS💡OVERVIEW
I. Introduction
A. Definition of agricultural output
B. Importance of agricultural output to the economy
II. Disadvantages of a fall in agricultural output
A. Shortage of food
1. Famine
2. Need to import more food
3. Export less food
4. Worsen the current account position
B. Increase in food prices
1. May increase poverty
2. Might worsen health
C. Unemployment
1. Less food production
2. Lack of labour mobility
3. Structural unemployment
D. Migration from rural to urban areas
1. Putting pressure on resources in urban areas
E. Economic growth
1. GDP will fall
2. If lower agricultural output is not offset by rise in output of secondary and tertiary sectors
III. Conclusion
A. Recap of the disadvantages of a fall in agricultural output
B. Importance of maintaining a stable agricultural output for the economy.
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