Question

Devise a strategy for improving agricultural and rural development in the third
world. If you like you may choose a specific country (though that is not required).

Answer 1

The strategy that can improve agricultural and rural development in the third world countries is technological advancement. But since this involves a lot of cost, the best for these companies is technology transfer. Thus, developed nations should initially help the third world countries by transferring their technology which will reduce the overall cost for the agricultural industries and help them in increasing their productivity and improve yield by incurring small cost. Thus, both developed and third world countries have to work together to overcome fall in agricultural productivity.