Development of Agriculture and Industry – S5 Economics Notes

These Senior 5 Economics notes cover how agriculture and industry contribute to a country's development. They begin with agriculture's role in the economy, then define cooperatives and set out the aims of agricultural cooperative societies and the problems they face. The notes also define industrial development and industrialisation, explain why developing countries industrialise, and look at what helps or limits industrial growth, including technology, skilled labour, capital, infrastructure and government policy. The last part explains the import substitution strategy: why countries adopt it, its benefits and its drawbacks. It also compares it with export promotion. The notes are arranged as point-form explanations that learners can use for revision and essay writing.