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Traditional Agriculture
“It is a mechanically stale stage in which generation is expanded to a great extent through gradually expanded utilization of conventional types of land, work and capital.”
Policy in Stage 1
The increment in yield happens through a basically symmetrical extension everything being equal or through expanded contribution of the officially bounteous low profitability assets. Declining wage and efficiency per unit of an info is a typical comp
When we discover farming in this stage, the foremost target is to push it into the second stage. This is on the grounds that it is basically in the second stage that agriculture begins helping the modern improvement of the organization.
Presumably, on the off chance that we take a look at the historical backdrop of monetary advancement of west European nations, we locate that modern improvement began notwithstanding when agriculture was in the conventional stage. Rural generation increment in the conventional stage through increment in the zone under development.
The expansion in population was not adequate to consume the additional production. The additional generation helped the modern part which helped the rural area in term through giving enhanced horticulture inputs.
The improvement of horticulture requires greater speculation. Greater speculation implies all the more sparing in the farming part. In the event that the population keeps on developing, the aggregate funds in the farming segment may not increment notwithstanding when there is some underlying ascent underway per section of land. The additional yield might be consumed by the developing population.This is particularly the case with a significant number of the present day immature economies where it has turned out to be hard to expand the land outskirts.
http://www.economicsdiscussion.net/agricultural-economics/development-of-agriculture-3-stages/21423
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Agricultural development 