What is rural economics?

Rural economics is the study of economic activities and financial institutions in rural areas. It includes analysis of the agricultural sector, natural resources, rural development, and the welfare of rural communities. Rural economies are often distinguished from urban economies by their reliance on agriculture, forestry, mining, and other primary industries. Rural economics also investigates the impact of government policies and market forces on agriculture and rural regions. The study of rural economies seeks to identify factors that can improve the standard of living and promote sustainable economic growth in rural areas.

This mind map was published on 30 April 2023 and has been viewed 107 times.