Definition of Rural and Rural Economy


 Definition of Rural and Rural Economy

A rural area is an open swath of land that has few homes or other buildings, and not very many people. A rural areas population density is very low. Conversely, Many people live in a city, or urban area. Their homes and businesses are located very close to one another.



  • Rural economy is an integral and important part of the economy. It is intricately inter-linked with the urban economy in production and consumption both through market and non-market channels (Jackson and Collier, 1988; Chiripanhura, 2008).

  • Rural economics is the study of rural economies, including: farm and non-farm industry, economic growth, development, and change, size and spatial distribution of production and household units and interregional trade, land use.

Rural Economy of Bangladesh

Bangladesh is a small country in the south Asia. Its main economic source is agriculture and the main occupation of rural people is agriculture. It is contributing about 24% on total GDP. Now it is time to find out the new source to stimulate our rural economy. There are lots of people unemployed in rural areas. We need to use them in productive sectors like-

  1. In large number of small industries in rural areas
  1. Agro-based Industries
  1. Produce  import substitute goods 
  1. Garments Industries
  1. Foreign jobs 


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