Question
1. What are five major factors that contributed to productivity gains in agricultural production in the Philippines in the last 30 years? Is the rate
1. What are five major factors that contributed to productivity gains in agricultural production in the Philippines in the last 30 years? Is the rate of growth of the agricultural sector likely to slow down or accelerate? Reflect on how these factors are likely to change in the future.
2. There has been considerable discussion of the role of mechanization in creating employment and raising labor productivity. Give at least five guidelines to follow in suggesting a mechanization policy in the Philippines.
3. Consider two countries, the Philippines and Brunei. The Philippines is subsidizing their agriculture sector, while Brunei subsidizes its crude oil industry. Which country has a better chance in achieving a rapid growth with poverty reduction? Explain further.
4. Genetically modified crops (like soya and corn) have been developed in the US and are being exported around the word. There is resistance to these exports in many countries including the Asian region. Why do you think there are resistance to this? Explain.
5. Explain why research and development (R&D) are much more important now than they were 30 years ago? Give 10 reasons and explain.
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