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

The Common Agricultural Policy (CAP) is significant for the Irish economy for several reasons:

1. Financial Support for Farmers: CAP provides direct payments to farmers, which helps stabilize their income. This is crucial for many Irish farmers who face volatile market prices.

2. Promoting Sustainable Farming: CAP encourages environmentally friendly practices through various schemes, which support biodiversity and reduce environmental impacts. This aligns with global sustainability goals and enhances Ireland's agricultural reputation.

3. Revitalizing Rural Communities: By ensuring farmers have a steady income, CAP helps revitalize rural communities in Ireland. This economic stability enables families to stay in agricultural areas, supporting local services and increasing the overall economic activity in these regions.

4. Food Production and Security: CAP ensures that farmers can produce sufficient food, contributing to food security in Ireland. This is important not only for local consumption but also for exporting agricultural products to international markets, thereby enhancing trade.

5. Research and Development Funding: Part of the CAP funding is allocated towards research and innovation in agriculture. This includes funding new technologies and practices, helping to increase productivity and sustainability in Irish farming.

In summary, the CAP positively impacts the Irish economy by supporting farmers, promoting sustainability, revitalizing rural areas, ensuring food security, and funding research.