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Posted on 2021-09-27 By anuradha
RURAL DEVELOPMENT WILL EFFECT TO OUR SOCIETY BY FRAMER ACT
THE RURAL ECONOMY Introduction Rural regions primary sectors (agriculture, forestry, mining and fisheries) provide the foundations for economic activity. But they play a larger economic role than this and their economies are far more complex. Rural regions are an important location for manufacturing and most rural workers in OECD countries are now employed in service sectors, including: tourism, health care, education, finance and public administration.
Rural areas also contribute to the quality of life of society as a whole, because they contain important public or quasi-public goods, such as clean environments, attractive landscapes and cultural heritage. To accommodate the changing circumstances of rural dwellers, firms and places, the approach to rural development in OECD countries can be best described as “modernizing and “adapting”. Rural policy has had to evolve beyond the traditional, sector-based model, with its almost exclusive focus on agriculture. Today rural development policies are embracing more strategies that have a spatial context, that give priority to investments over subsidies, and that encourage a partnership-based, multi-stakeholder policy design and implementation framework.
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