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Rural marketing is the process of developing, pricing, promoting and distributing rural specific products and services leading to consumer satisfaction and achievement of organizational objectives. [1] It aims to improve standard of living of rural consumers by providing them greater awareness and accessibility to new products and services.
Rural spaces add new challenges for economic analysis that require an understanding of economic geography: for example understanding of size and spatial distribution of production and household units and interregional trade, [6] land use, [7] and how low population density effects government policies as to development, investment, regulation ...
Terminal wholesale markets are located in major metropolitan areas, where produce is finally channelled to consumers through trade between wholesalers and retailers, caterers, etc. [4] The characteristics of wholesale markets have changed considerably as retailing changes in response to urban growth, the increasing role of supermarkets and ...
Subsistence farming continues today in large parts of rural Africa, [6] and parts of Asia and Latin America. In 2015, about 2 billion people (slightly more than 25% of the world's population) in 500 million households living in rural areas of developing nations survive as "smallholder" farmers, working less than 2 hectares (5 acres) of land. [7]
The automobile allows rural residents to travel farther, in less time, for goods and services. This, along with decreasing rural population, reduces the importance of the rural store. As businesses relocate from other communities, one town will become the trade center for its region, sometimes constructing a shopping mall.
In the field of environmental economics, agricultural economists have contributed in three main areas: designing incentives to control environmental externalities (such as water pollution due to agricultural production), estimating the value of non-market benefits from natural resources and environmental amenities (such as an appealing rural landscape), and the complex interrelationship ...
Trade can be a key factor in economic development.The prudent use of trade can boost a country's development and create absolute gains for the trading partners involved. . Trade has been touted as an important tool in the path to development by prominent econom
Rural spaces add new challenges for economic analysis that require an understanding of economic geography: for example understanding of size and spatial distribution of production and household units and interregional trade, [21] land use, [22] and how low population density effects government policies as to development, investment, regulation ...