Agricultural economics by D. S Chauhan

By D. S Chauhan

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Without the basic fabric of our Hence, they have a faith by another group challenged to be having the modern view. one of the most popular representative of group, and he holds that The this wealth and welfare of nations depends upon many complex conditions. is other controlling that be to fundamentalism- in agricultural of into ruins. said is contributions of agriculture all the rest of the civilization have a to To-day agriculture not uniquely basic, and the prosperity of a nation depends than the largely on other factors soil nl study This of is work of those who supported by the following arguments economic history shows that the till : The economic progress, broadly speaking, tends to be accompanied by a decline in the relative importance of agriculture.

By explaining the of the nature modern economic society they emphacomplex sise the interdependence and the close relationship of the various sectors of economy or groups of the society instead of *Karl Brandt, Report of the committee on Parity Concepts, U. S, A. , The prestige. of are misleading in this regard, of importance, no indication of his amount and of output, the talized, but as a country test quantitative income and the number nomic development economic is more important* is supreme man a of weight volume ) tests such as the the ratio of income persons engaged in it.

Agriculture presents a close combination of a science, a craft, is a business and a way of life. these respects In all characterized by certain peculiarities of its it The own. geographical and the sociological environment under which production is complexity of characteristics carried on, the process production, which make etc,, it of production and the impart agriculture certain substantially other occupations specially industry. * Nature of Agricultural Activity, of Agriculture is a sort replacement of nature's favourite plants by the cultivated plants of man's choice, and hence, it is a sort of man's *rhis should not be interpreted in the sense that agricultural economics is something absolutely distinct from industrial economics, or that it has Really speaking the science of economics, which got a theory of its own.

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