Explain how any one European Union policy has influenced the Irish economy. - Leaving Cert Geography - Question 7C - 2019

The CAP has had a substantial impact on the Irish economy by providing financial support to the agricultural sector. This policy has allowed farmers to receive direct payments based on the area of eligible land they manage, thus ensuring their income stability. The CAP also promotes rural development measures, enhancing infrastructure and services in rural areas, which contributes to job creation and economic diversification beyond traditional farming.

1. Income Support: The payments made under the CAP have helped Ireland's farmers sustain their livelihoods, especially during periods of low agricultural prices.

2. Modernization and Productivity: The policy encourages investment in modern farming techniques and equipment, leading to increased productivity.

3. Environmental Sustainability: Under CAP, there are strong incentives for sustainable farming practices, which not only protect the environment but also make Irish agriculture more competitive in global markets.

4. Rural Development: The funds allocated for rural development projects have resulted in improved facilities and services, attracting businesses and boosting local economies.

5. Market Stability: The CAP's role in stabilizing agricultural markets helps to secure Ireland’s position within the EU market and internationally.

Overall, the CAP has helped to transform the agricultural landscape of Ireland, making it more resilient and economically viable.