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Exam 11: Twenty-First-Century Perspectives on Rural Development

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Question 1

Multiple Choice

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Changing socio-economic circumstances motivated the OECD's ____________, which consists of: (1) capitalize on the competitive advantages of rural areas, (2) Enhance the value of alternative rural economic engines, (3) Use rural private-public partnerships that rely on investment criteria , and (4) Invite businesses, non-government organizations (NGO's) , local and state government agencies to help coordinate rural development progams and projects.

A) The Centralized Model (CM) of Rural Development
B) Integrated Rural Development Model (IRPM)
C) Guaranteed Loan Program
D) New Rural Policy Paradigm
E) Rural Development Programs in the 2014 Farm Bill

F) C) and D)
G) A) and B)

Correct Answer

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D

Question 2

Multiple Choice

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_____directs us to consider how development activities influence opportunities for profit maximization (and long-term wealth maximization) in farm and non-farm rural businesses.

A) USDA's Rural Development Programs in the 2014 Farm Bill
B) Microeconomic Theory
C) Ward and Hite's (1998) guideline for international rural development policy
D) The Integrated Rural Development Model (IRPM)
E) The New Rural Policy Paradigm

F) B) and E)
G) B) and D)

Correct Answer

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B

Question 3

Multiple Choice

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Ashley and Maxwell (2001) derived five principles to guide rural development policy in ways that can_____________.

_______ of rural development create(s) a set of nationwide policy incentives. Markets and/or individual producers rationally and voluntarily respond to this strategy through new investments, technology adoption, infrastructure improvements, etc.

A Summary of _______________ includes:1. Initiate grant programs for small and emerging businesses, 2. Create housing programs for to help all rural people access safe and affordable housing, 3. Advance alliances among community groups , and 4. Advance alliances among community groups .

Improvements in the transportation/communication infrastucture and social investments in the rule of lawcould help Palm Oil Production and Distribution be a source of rural development ins SE Nigeria.

When the World Bank attempted to put ________________ theory into practice, the promised potential gains could not be attained. Lines of communication across agencies never really formed because the decision-makers within agencies had powerful economic incentives to maintain spheres of influence within their own areas of authority and expertise.

_________can be summarized as: 1. Private Market Liberalization coupled with Public-Sector Structural Adjustment, 2. Progressive Global Integration, 3. Physical Infrastructure Investment, and , 4. Social and Institutional Investments

Rural vitality in the modern age requires that we institute programs that are primarily focuse on agricultural production investments to design rural development programs and policies.

_____________ provides options that reduce the transactions costs of business ownership transfer. If government policies can facilitate the implementation of successful farm business owner succession plans, then the rural economy's ongoing vitality will benefit.

""How do we know whether observed changes in rural economic conditions are actually traceable to rural development efforts? Are there plausible and competing explanations of what is actually driving change in rural areas?"" These two queries are examples of the Causality uestion in rural development.