Economics · Agricultural Economics
Based on Simon Kuznets' identification of the contributions of agriculture to economic growth, which of the following is NOT one of the four recognized contributions?
- 1Factor contribution (transferring labor and capital to other sectors)
- 2Rural banking contribution (providing rural credit expansion)✓
- 3Market contribution (providing a market for producer and consumer goods)
- 4Product contribution (providing food and raw materials)
Correct answer
Rural banking contribution (providing rural credit expansion)
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