Question : Case Study 14: Supporting Rural Entrepreneurs
A group of entrepreneurs decided to establish a cooperative society in a rural area to produce organic agricultural products. They sought support from government schemes to finance their project and provide training to farmers.
Question:
The government's support for the cooperative society aligns with the goal of:
Option 1: Reducing employment opportunities in rural areas
Option 2: Promoting urbanization
Option 3: Enhancing rural economic development
Option 4: Encouraging outsourcing of agricultural production
Correct Answer: Enhancing rural economic development
Solution : The correct answer is (c) Enhancing rural economic development
By providing support to the cooperative society in the rural area, the government aims to enhance rural economic development. This support includes financing and training, which can contribute to the sustainability and prosperity of agricultural activities in the rural community. The goal is to strengthen the economic foundation of rural areas and improve the livelihoods of the residents.
A group of entrepreneurs decided to establish a cooperative society in a rural area to produce organic agricultural products. They sought support from government schemes to finance their project and provide
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