It won’t be an exaggeration if we say that Agriculture is one of the most important components for the complete economic growth of a country. Many countries have shown the examples of how Farming and Agriculture played a lead role in making them the strong economic power. With the help of export and import of agricultural based products and services a number of countries now fall in the list of developed countries that used to be nowhere in that list. In contrast of it, we should also remember that there are still many countries across the world whose economy is based on Agriculture however, they are still touted as the developing countries not the developed ones.
Today, we shall delve into the details of the factors that may adversely affect the economic growth of a country despite its Agriculture based economy. Firstly, outdated technology is the primary reason why some countries don’t catch up with the other countries that use latest farming & agricultural technology. Times have changed now, we need to understand the importance of contemporary technologies in all the aspects of our life. Therefore, even in the farming also we should use the latest farming machines, tools, and equipment. Internet is there to help us know about the modern ways of agriculture and farming.
In addition to that, the government of all the countries should promote farming and agriculture and must train their farmers as to how they can grow more crop and earn more profits by using the modern technologies and machinery of farming. The government can also promote the businesses that deal in Agricultural Machinery Parts. By doing so more businesses will evolve that manufacture, export and import modern Farm Machinery Parts, latest agricultural equipment and tools. This will give a lot of confidence to the farmers of their country and Thus, the farmers and the people involved in businesses associated with agriculture can participate in the overall growth of that country.
