THE ENVIRONMENT-CONSCIOUS, MULTIFUNCTIONAL AGRICULTURE AND THE HUNGARIAN DEVELOPMENT POLICY
THE ENVIRONMENT-CONSCIOUS, MULTIFUNCTIONAL AGRICULTURE AND THE HUNGARIAN DEVELOPMENT POLICY

Summary/Abstract: The branch dimensions of economic growth are interesting themes in economics. The principles of certain economic schools and theories are in contradiction. Agriculture is such a typical branch of economy which is not highly preferred by venture capital. The features of agriculture and rural life are the causes why economic coordination function of free market is insufficient in agriculture. Agricaltural production was made intensive in order to get larger yields. Chemicals, industrialised technology made such changes in ecosystem that are irreversible. Unfortunately the mainstream way of economic thinking and theories is based on such indicators – as GDP – which do not deal with a lot of natural and human values. There cannot be any effective development policy without taking a closer look at the varying economic theories, the branch-specific features, and those extern economic influences, which e.g. are strengthening the importance of agriculture and rural space.

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