Rural Economics

Rural economics is a branch of regional economics that focuses on the economic activities, challenges, and opportunities found in rural areas. It examines how factors like agriculture, natural resources, and small businesses shape the livelihoods of rural communities. Additionally, it analyzes the impact of policies, infrastructure, and market access on rural development. By understanding these dynamics, rural economics aims to promote sustainable growth, improve living standards, and enhance the overall economic viability of rural regions, recognizing their unique characteristics compared to urban areas.