S5 Economics: Development Process and Choice of Development Strategy

These Senior 5 Economics notes start by defining the development process and a development strategy. They then compare agriculture-led and industry-led development. For agriculture, they cover the objectives, merits and demerits, explain what transformation and modernisation mean, give the reasons for modernising, list the obstacles to agricultural development, and suggest ways to improve the sector's performance. Agricultural mechanisation gets its own section on benefits, drawbacks and limiting factors. The industrial strategy is set out by its objectives, advantages and disadvantages. The notes also explain why economic diversification is useful and introduce labour-intensive approaches. Points are given as short bullet explanations, which makes the notes useful for revision and essay answers.