Test Preparation on Agriculture Test Preparation For Agriculture Economics Part-V

A measure of the real purchasing power of the community ?

The portion of economy consisting of Agriculture, Forestry, Hunting and Fishing ?

A closed economy that attempts to be completely self-reliant ?

The attainment of literacy, arithmetic competence and elementary vocational skills ?

“All LDC’s require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure.” ?

Stocks of commodities held by the countries or international organizations to moderate the commodities price fluctuations ?

An organization of producers agreeing to limit the output of their product in an effort to raise prices and profit ?

The determination by the state, of what shall be produced and how factors of production shall be allocated among different uses ?

A process of production that uses a higher proportion of capital as compared to other factors of production ?

A technological innovation that increase the production while using the same capital input?