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The European Union has many policies which have important effects on the Irish economy such as: - The CAP (Common Agriculture Policy) - The RDF (Regional Development Fund) - CFP (Common Fisheries Policy) Explain two effects of any one of the above policies on Ireland’s economy. - Leaving Cert Geography - Question 1 - 2007
Question 1
The European Union has many policies which have important effects on the Irish economy such as: - The CAP (Common Agriculture Policy) - The RDF (Regional Development... show full transcript
Worked Solution & Example Answer:The European Union has many policies which have important effects on the Irish economy such as: - The CAP (Common Agriculture Policy) - The RDF (Regional Development Fund) - CFP (Common Fisheries Policy) Explain two effects of any one of the above policies on Ireland’s economy. - Leaving Cert Geography - Question 1 - 2007
Step 1
Effect Named: CAP - Support for Farmers
Answer
One significant effect of the Common Agriculture Policy (CAP) is the financial support provided to farmers in Ireland. This support helps stabilize farmers' incomes, allowing them to invest in better technology and sustainable practices. It serves as a safety net during periods of low prices for agricultural products.
Step 2
Effect Explained: Enhanced Competitiveness
Answer
The financial assistance from CAP enables Irish farmers to enhance their productivity and competitiveness. By accessing funds for innovation and infrastructure, farmers can improve the quality of their produce and meet higher standards. This boost in competitiveness not only benefits individual farmers, but also strengthens Ireland's overall agricultural sector, leading to increased exports and economic growth.
Step 3
Effect Named: CAP - Environmental Sustainability
Answer
Another significant effect of CAP is its emphasis on environmental sustainability. The policy encourages practices that protect the environment, such as organic farming and biodiversity conservation. This shift towards sustainable practices helps combat climate change and promotes ecological balance.
Step 4
Effect Explained: Long-term Economic Benefits
Answer
Investing in sustainable farming practices leads to long-term economic benefits for Ireland. As farmers adopt environmentally friendly methods, they contribute to healthier ecosystems, which can enhance the quality of agricultural land in the long run. Additionally, sustainable practices can attract eco-conscious consumers, leading to potentially higher prices for products that are marketed as environmentally friendly. This strategy not only preserves natural resources but also opens new markets for Irish agricultural products.