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Examine how any one major policy of the European Union has influenced Ireland’s economic development. - Leaving Cert Geography - Question B - 2010
Question B
Examine how any one major policy of the European Union has influenced Ireland’s economic development.
Worked Solution & Example Answer:Examine how any one major policy of the European Union has influenced Ireland’s economic development. - Leaving Cert Geography - Question B - 2010
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Impact of CAP on Ireland's Economic Development
Answer
The Common Agricultural Policy has greatly influenced Ireland’s economic development by providing financial support to farmers, which has been crucial in modernizing the agricultural sector. Significant funds under CAP have facilitated investments in infrastructure, technology adoption, and sustainable farming practices.
This financial assistance has not only improved productivity but also enhanced the competitiveness of Irish agriculture in the global market.
Additionally, the CAP has played an integral role in rural development, promoting job creation in farming and related sectors, which has led to economic diversification in rural areas. Furthermore, the investments have contributed positively to the overall GDP and export capabilities of Ireland.
Overall, the impact of the Common Agricultural Policy on Ireland illustrates how EU policies can have profound effects on national economic trajectories.