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Tuesday 23 February 2010

Improving Productivity through better Technology

It is not the resources but the productive use of them which increases the level of production. The technology or methods of production used in the agricultural sector are outdated and unprodcutive. By using the latest technology, the level of productivity can be increased in all sectors of the economy especially the agricultural sector. The increase in the cost of production due to the intoduction of technology will be offset by the increase in the productivity.

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