Developing countries have a great potential to accelerate its progress and they want to achieve it faster. Though there is no hard and fast rule that a country can develop if it focuses on expanding industries rather than agriculture, I personally believe that a developing country like Bangladesh should have a well-conceived industrialisation strategy like India, China or Hong Kong to become a developed country.
Agriculture, without any doubt, is an important sector for a country like Bangladesh where more than 70% people rely on this sector. However, it is undeniable that along the agriculture, especially in this era of the digital world, cannot enlist a country as an advanced nation. The industrial revolution in the world has taught us that manual labour and agricultural products cannot alone improve the economic condition of a nation overnight. A country must have export oriented industry or great industrial hub point to progress and compete with the rich nations. For instance, a poor country has to export several thousand tonnes of grains to import only a few number of machinery. This disparity will keep on enhancing if the nation cannot become industrially sufficient. Asian economy has already shifted from farming and fishing to industrialisation and no developing country can further progress without following the same pathway here. Industrialisation is the key to progress and countries like Japan, China, Hong Kong, Korea, Singapore and many more have gained quick success by industrialisation.
While agricultural development should not be ignored, especially in countries like Bangladesh, industrialisation should get more priority. Diversifying the agricultural products and exports is a great power for an agricultural-based country, but this takes a long way to reach the top and with the revolution and rapid expansion of the industrial world, this has become quite challenging, in a practical world.
To conclude, an agriculture-dependent country like Bangladesh should try to diversify its agricultural sector for becoming self-sufficient on their food supply but must have a long-term industrial strategy to develop further.
Developing
countries
have a great potential to accelerate its
progress and
they want to achieve it faster. Though there is no
hard
and
fast
rule
that a
country
can develop if it focuses on expanding industries
rather
than agriculture, I
personally
believe that a developing
country
like Bangladesh should have a well-conceived
industrialisation
strategy like India, China or Hong Kong to become a
developed country
.
Agriculture, without any doubt, is an
important
sector for a
country
like Bangladesh where more than 70%
people
rely on this sector.
However
, it is undeniable that along the agriculture,
especially
in this era of the digital world, cannot enlist a
country
as an advanced
nation
. The
industrial
revolution in the world has taught us that manual
labour
and
agricultural
products cannot alone
improve
the economic condition of a
nation
overnight. A
country
must
have export oriented industry or great
industrial
hub point to
progress
and compete with the rich
nations
.
For instance
, a poor
country
has to
export several thousand tonnes of grains to import
only
a
few number
of machinery. This disparity will
keep
on enhancing if the
nation
cannot become
industrially
sufficient. Asian economy has already shifted from farming and fishing to
industrialisation
and no developing
country
can
further
progress
without following the same pathway here.
Industrialisation
is the key to
progress
and
countries
like Japan, China, Hong Kong, Korea, Singapore and
many
more have gained quick success by
industrialisation
.
While
agricultural
development should not be
ignored
,
especially
in
countries
like Bangladesh,
industrialisation
should
get
more priority. Diversifying the
agricultural
products and exports is a great power for an agricultural-based
country
,
but
this takes a long way to reach the top and with the revolution and rapid expansion of the
industrial
world, this has become quite challenging, in a practical world.
To conclude
, an agriculture-dependent
country
like Bangladesh should try to diversify its
agricultural
sector for becoming self-sufficient on their food supply
but
must
have a long-term
industrial
strategy to develop
further
.