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The Irish economy receives funding from the European Union through the following: - Common Agricultural Policy (CAP) - Common Fisheries Policy (CFP) - Regional Development Fund (RDF) - Social Funding - Leaving Cert Geography - Question B - 2012

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The-Irish-economy-receives-funding-from-the-European-Union-through-the-following:----Common-Agricultural-Policy-(CAP)---Common-Fisheries-Policy-(CFP)---Regional-Development-Fund-(RDF)---Social-Funding-Leaving Cert Geography-Question B-2012.png

The Irish economy receives funding from the European Union through the following: - Common Agricultural Policy (CAP) - Common Fisheries Policy (CFP) - Regional Deve... show full transcript

Worked Solution & Example Answer:The Irish economy receives funding from the European Union through the following: - Common Agricultural Policy (CAP) - Common Fisheries Policy (CFP) - Regional Development Fund (RDF) - Social Funding - Leaving Cert Geography - Question B - 2012

Step 1

Choose Common Agricultural Policy (CAP)

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Answer

The Common Agricultural Policy (CAP) is a crucial framework that provides significant financial support to the agricultural sector in Ireland. This policy is essential for ensuring the sustainability and competitiveness of Irish farmers. Through CAP, farmers receive direct payments that help stabilize their income, especially in times of market volatility.

Additionally, CAP fosters rural development by funding various initiatives aimed at enhancing agricultural productivity and sustainability. It supports environmentally friendly farming practices and encourages farmers to adopt innovative techniques that improve efficiency.

Moreover, CAP funds training and advisory services, equipping farmers with essential knowledge and skills to adapt to changing market conditions and regulatory frameworks. By promoting agricultural and rural development, CAP not only strengthens the farming sector but also contributes to economic growth in rural areas, leading to job creation and enhanced livelihoods.

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