Minor economic projects and Economic development

Abstract

Economic development is an Ultimate aim to be attended by nations. It is a multi – aspect procedure induding the reorganization of economy and redirecting its structure. The economy of Iraq faced same gigantic challenges via a seris of wars and military ocapation and deterioration in the agricultural and industrial sectors let alone the wide waste of the countries resources . This siluation was worsen by the negligence of the main elements of the economic policy and the absence of the role of the government in directing the economic activities in the country.The outcome of such situalirn was a large scale of unemployment phenomenon. However, minor economic projects are considered as one of the policies help in enhancing development and eradicate unemployment problems in Iraq . Iraq economy is unique in its matching of high availability of water resources with a wide area of lands versus low scale of populatirn and very rich inventory of natural resources, such as oil .Iraq economy has all the economic, agri cultwal and environmental prerequisites of founeliry minor economic projects.Minor economic projects of the agri- cultural sector should gain the highest concern since it embraces 20% of manpower . Moreoves, projects don’t need great funds they can be refund by charity societies or by governmental loans . to found such projects we spare the governments efforts to be directed to reconstruct the mass dstrnction plagned all institutions and infrastructure of the country.