Diploma in Agriculture module I: Agricultural Economics I and Extension Education past past paper July 2019 Answers

Answers for Agricultural Economics I and Extension Education past past paper July 2019

Course Name:  Agriculture
Also Done By:
na
Course Level:  Diploma
Sub Level:       Module I
Course Unit:   Agricultural Economics I and Extension Education
Exam body:    KNEC
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1. State the four basic economic concepts ()
2. Highlight the importance of economics ()
3. Explain the advantages of a free market economy ()
4. State the law of demand. ()
5. Explain the factors affecting demand changes ()
6. Differentiate between a change in supply and a change in quantity supplied ()
7. State four characteristics of money ()
8. Explain the three types of price elasticity of demand ()
9. When the income of a consumer increases from Ksh. 1000 to Ksh. 1200, the demand increases from 5 units to 7 units. Determine the income elasticity of the consumer ()
10. Explain the factors considered when selecting a particular farming system ()
11. State the advantages of division of labour ()
12. Highlight the assumptions of the law of diminishing returns ()
13. Explain the characteristics of sole proprietorship ()
14. State the characteristics of urban societies ()
15. Explain the characteristics of culture ()
16. Describe the ways of getting a leader in a group ()
17. Explain the causes of cultural changes in societies ()
18. Describe five social institutions that are involved in rural development ()
19. Describe the functions of agricultural extension ()
20. Highlight the advantages of participatory approach ()
21. Explain the role of agricultural administrators ()
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