The Importance Of Scarcity In Economics - rmt.edu.pk

The Importance Of Scarcity In Economics The Importance Of Scarcity In Economics

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How to Cite this Article Abstract Highland bamboo Yushania alpina plays an important role in various socio-economic aspects in Ethiopia. However, these socio-economic roles and the associated TThe have not been studied in Bibugn District of East Gojjam, Ethiopia.

Therefore, this study was conducted to assess the socio-economic importance of highland bamboo and the associated challenges for its expansion. For this study, four rural sub-districts were selected purposively.

The Importance Of Scarcity In Economics

Both semi-structured questionnaires and key informant interviews were used for data collection. The result indicated that there were 82 respondents who have got their own bamboo lots while the remaining 53 respondents did not have their own bamboo lots. The study also revealed that about ha of land was covered by highland bamboo culm under the four sub-districts of the district. Highland bamboo in the study area has been used frequently for house construction, flooring, basket making, source of income and for other household utensils. Among challenges and constrains of highland bamboo expansion in the study area, the most frequent ones were; less market demand followed by land scarcity and eucalyptus expansion competing with bamboo expansion.

The Importance Of Scarcity In Economics

For enhancing the socio-economic significance of Bamboo plant in the area, addressing the challenges through awareness creation, proper harvesting, processing, value addition and diversification of products is recommended. Key words: Yushania alpina, bamboo, challenges, expansion, socio-economic importance.]

The Importance Of Scarcity In Economics

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