Although, there are a number of reasons for this situation, an extended period without appropriate development policies and strategies took the major share. Previous policies did not address the major structural constraints of the economy and in fact there even were all too many cases policies were detrimental to economic development introducing imbalances that tended to impede rather than promote economic wellbeing. Clearly, in the absence of proactive and well thought-out policies, it is not possible to attain accelerated development or to improve the condition of the Ethiopian people almost half of which subsist in absolute poverty. This predicament can only be addressed if we can formulate and put in place an economic policy that will accelerate economic …show more content…
It also covers the services involved in moving an agricultural product from the farm to the consumer. Numerous interconnected activities are involved in doing this, such as planning production, growing and harvesting, grading, packing, transport, storage, agro- and food processing, distribution, advertising and sale. Some definitions would even include “the acts of buying supplies, renting equipment, (and) paying labor", arguing that marketing is everything a business does. Such activities cannot take place without the exchange of information and are often heavily dependent on the availability of suitable finance.
Agricultural marketing
Agricultural marketing: The term agricultural marketing is composed of two words-agriculture and marketing. Agriculture, in the broadest sense means activities aimed at the use of natural resources for human welfare, and marketing connotes a series of activities involved in moving the goods from the point of production to the point of consumption. Specification, the subject of agricultural marketing includes marketing functions, agencies, channels, efficiency and cost, price spread and market integration, producers’ surplus etc.
Market