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Age 432: Economic Development Question Paper

Age 432: Economic Development

Course:Bachelor Of Science In Agricultural Economics

Institution: University Of Eldoret question papers

Exam Year:2015

UNIVERSITY OF ELDORET
SCHOOL OF AGRICULTURE AND BIOTECHNOLOGY
DEPARTMENT OF AGRICULTURAL ECONOMICS AND RURAL DEVELOPMENT
FOURTH YEAR FIRST SEMESTER -2015/2016 ACADEMIC YEAR
BACHELOR OF AGRICULTURAL ECONOMICS
AGE 432:ECONOMIC DEVELOPMENT
INSTRUCTIONS; Answer question ONE and any other TWO.
QUESTION ONE
a) The agricultural sector has been described as the key sector in the Kenyan economic development. Briefly explain the role that multinational corporations have played in the development of a country. (10marks)
b) What are the main economic problems that affect countries which mainly rely on agriculture? (10marks)
c) Suggest specific measures that may be taken to minimize such problems in (b) above. (10marks)
QUESTION TWO
a) Examine the role of government in economic development of developing countries (10marks)
b) Outline the limitations of planning in developing countries. (10marks)
QUESTION THREE
a) discuss the factors limiting economic development in the Third World countries. (10marks)
b) Examine the role that multinational corporations have played in the development process of developing countries. (6marks)
c) differentiate between economic integration and globalization. (4marks)
QUESTION FOUR
The issue of rapid population growth is one of the most processing problems currently facing the Kenyan government.
a) What are the economic implications of the rapidly raising population?. (10marks)
b) Examine the policy options the Kenya government can adopt to curb the problems giving a critical assessment of East Africa. (10marks)
QUESTION FIVE
a) differentiate between classical and new-classical theories of development. (6marks)
b) discuss the main criticism of the two theories in (a) above basing on their assumptions. (8marks)
c) discuss the importance of Trade and development reactive to the two theories above. (6marks)

Age 432: Economic Development Question Paper

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