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Intro to Economics, Agrarian Reform, Coop. and TaxationAssignment # 4CASALJAY, Aiza C. (BSED-3C)Question: What is the impact of agriculture in our economic development in terms of unemployment, production, exportation and among others?ANSWER:The Philippines is an agricultural country with a land area of 30 million hectares, 47% of which is agricultural land. In the Philippines, prime agricultural lands are located around the main urban and high population density areas.Of the total area under food crops, coconut accounted for the biggest average harvest area of 4.25 million hectares. Sugarcane with 673 thousand hectares; Industrial crops with 591 thousand hectares; 148 thousand hectares for fruits; 270 thousand hectares
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Knowing that we are a agricultural country theimpact of this in terms of unemployment could be very big, it can help many Filipino workers who are dying to have a work. There are many jobs in the agriculture sector that can be offer to the Filipino workers in fact many Filipino wants to do that kind of job.While the country is abundant in natural resources, environmental assets remain unavailable to poor groups owing to exclusion, insecure land tenure, lack of access to technologies; or the resources are degraded. The traditional role of agriculture in producing food and generating income is fundamental, but agriculture and the entire food system – from inputs and production, through processing, storage, transport and retailing, to consumption – can contribute much more to the eradication of malnutrition,” On the other hand the impact of agriculture in terms of productions could be based on the GDP from Agriculture in Philippines decreased to 146054.68 PHP Million in the second quarter of 2017 from 153592.30 PHP Million in the first quarter of 2017. GDP From Agriculture in Philippines averaged 139797.17 PHP Million from 2008 until 2017, reaching an all time high of 175802.17 PHP Million in the fourth quarter of 2015 and a record low of 114778.44 PHP Million in the