Question

Which of the following is an example of a successful LED initiative?

• A. SEZs (Special Economic Zones) that promote exports
• B. Formation of local cooperatives for small farmers
• C. Reduction in government funding for rural areas
• D. Large-scale privatization of local utilities

Answer 1

Answer:

B. Formation of local cooperatives for small farmers

Cooperatives help small farmers pool resources, improve bargaining power, and access markets more effectively. This local initiative strengthens local economies by enhancing agricultural productivity and incomes, contributing to LED.