Question 17 of 39
Q.Define Rural Economy.
Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2022Subjective· 2mImportance★★★★★
44% · 17/39 Questions
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Start your 14-day free trial to unlock the full solution →A rural economy is the economy of villages, where most people live in rural areas and earn their living chiefly from agriculture and related activities.
In the Tamil Nadu HSC Class-11 Economics syllabus, the rural economy is understood as the part of the economy centred on villages. Its defining features are:
- The majority of the population resides in villages.
- Livelihood depends mainly on agriculture and allied activities — animal husbandry, dairying, poultry, fishing, forestry and rural/cottage industries.
- Economic life is closely tied to land and natural resources. …
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