A Six Months Tour Through the North of England: Containing,

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The acquisition and processing of information is partly still new territory, since developments in the technical areas are young and will be applied to the agricultural sector over the next years. By then agricultural production in the United States was approximately four times as high as in 1870. Product was successfully added to your shopping cart. On the other hand, programs designed to force income out of agriculture make private agricultural investment unattractive; this leads to low capital formation, retarded farm production, high real farm-product prices, and a lack of income to transfer to the nonfarm economy. (4) Lagging farm capital formation can be stimulated with favorable price programs and credit assistance to individual farmers. (5) However, privately managed farm economies subject to price incentives tend to overinvest in direct farm production in the presence of favorable changes in technology, human skills, human tastes, and the economic environment.

Pages: 462

Publisher: Palala Press (April 25, 2016)

ISBN: 1354542614

The Missouri Yearbook Of Agriculture: Annual Report, Volume 39...

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