How do large farmers generate wealth through their savings from farming activities?
(i)Medium and large farmers obtain capital for farming from their own savings or from the banks as loan. (ii)Small farmers on the other hand borrow from large farmers or the village moneylenders or the traders, who supply various inputs for cultivation. The interest on such loans are usually high.
How do large farmers have their own savings?
What do large farmers do with their large savings?
How do the medium and large farmers make their own saving?
How do large farmers arrange for money?
Why do small farmers borrow money?
Ans- i) Most small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village money lenders or the traders who supply various inputs for cultivation.
How do small farmers arrange capital for farming?
Small farmers generally borrow money to arrange the capital for their farming. They borrow it from large farmers, village moneylenders or traders.
Why farm Labourers are considered poor?
1. They work on the farm of big land owners and are paid only a meagre amount as daily wages. 2. Often they get work for only some months during the year and remain unemployed during the remaining months.
How do small farmers obtain capital for farming How is it different from the small farmers?
How is it different from the small farmers? The difference: (i)Medium and large farmers obtain capital for farming from their own savings or from the banks as loan. (ii)Small farmers on the other hand borrow from large farmers or the village moneylenders or the traders, who supply various inputs for cultivation.
How do small farmers arrange capital for growing crops?
Small farmers generally borrow money to arrange the capital for their farming. They borrow it from large farmers, village moneylenders or traders. Was this answer helpful?
What are the features of traditional methods of farming class 9?
- Traditional seeds are used.
- For irrigation depend upon monsoon.
- Wooden tools and equipment are used.
- Bullock carts are used to plough land.
- The production is done for family use.
- Manure and cow dung is used to increase the fertility of soil. Related Questions.
- Traditional seeds are used.
- For irrigation depend upon monsoon.
- Wooden tools and equipment are used.
- Bullock carts are used to plough land.
- The production is done for family use.
- Manure and cow dung is used to increase the fertility of soil. Related Questions.
Why capital is needed in farming?
Without working capital, farms cannot reinvest in their crops. Farmers are then not able to pay out their employees, nor will they invest in new and reliable equipment. Farms are an industry in which having money leads to making money, and not having money makes it impossible to continue generating revenue.
How farmers are caught in debt?
Sometimes, the failure of the crop makes loan repayment impossible. So, the farmers have to sell a part of their land to repay the loan. Credit in such a condition pushes the borrowers into a situation from which recovery is painful and they get into the debt trap……..
How is the sale of surplus farm products Done Class 9?
The part of the harvest which is kept for selling is called as surplus farm product and when it is taken to the market for selling it is called as Sale of surplus farm products. Once the farming process gets completed and the crops are harvested, the farmers segregate the obtained share into two parts.
Why are big farmers able to sell their crop produce in the market class 9?
Answer Modern farming methods such as use of HYV insecticides pesticides etc require a great deal of capital so the farmer needs more money than before. (i) The medium and large farmers have their own savings from farming. They are thus able to arrange for the capital needed.
What happens to farmer 3 in year 3 can he continue production What will he have to do to continue production?
(iii) In the third year, the third farmer did not produce any wheat and had to buy it from the market. He cannot continue production any longer unless he arranges capital, as he has no surplus to invest as capital.
What is sale surplus?
In economics, surplus refers to means that you have more of it than you need. Once after the harvesting and production of crops, the farmers retain a part of produced crops for their families and sell the surplus crops. Farmers with smaller farm or land will have lesser production, hence little surplus crops.
What kind of farming methods modern or traditional or mixed do the farmers use?
Answer: In india, among the three method of farming i.e traditional method, modern method and mixed method, farmers use the mixed method of farming. Mixed farming is one which crop production is combined with the rearing of livestock. That’s it answer!
How do rich farmers arrange for capital?
They borrow money from large farmers or traders that they supply various raw materials for cultivation of land or moneylenders within the village. These moneylenders charge a high rate of interest on the amount borrowed.
What is the difference between organic and modern farming?
Answer. Organic farming is more preferred in the terms of health as organic rather natural fertilizers are used such as vegetable peels, but with the modern methods plants grow faster and sizes are bigger but the plants may lose there vigour due to the extensive use of chemical fertilizers and pesticides.
What is the difference between organic and traditional farming?
Conventional agriculture causes increased greenhouse gas emissions, soil erosion, water pollution, and threatens human health. Organic farming has a smaller carbon footprint, conserves and builds soil health, replenishes natural ecosystems for cleaner water and air, all without toxic pesticide residues.