Title: Economics of Agriculture Specialization - Economicsconcepts.com
Headings: Economics of Agriculture Specialization:
Economics of Agriculture Specialization:
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Content: But this has also led to increase the incomes of the big farm holders as they have attained monopoly as they are charging high prices for their agri. products. In such a state of affairs, there exist possibilities that the big farmers could out-compete the small farmers. As a result, the small farmers may have become their tenants or servants. Accordingly, the flow of income or resources may move in favor of feudals and landlords. Moreover, when agri. becomes specialized, the agri. goods would be exported The multinational corporations may enter into agriculture. They may earn extra-ordinary profits by exploiting the international consumers. In this way, the benefits of large scale production may bi;