Economy, asked by butterfly88, 7 months ago

1 Why are modern farming methods more capital intensive?​

Answers

Answered by StarBugs
33

Answer:

Any productive activity will use the main factors of production: land (including natural resources), labor, and capital. Most tasks and efforts can be accomplished with different combinations of these. Which combination is chosen depends on which factor is scarce and which is in surplus. North American agriculture developed in the 19th century under conditions of labor scarcity, with plenty of land. So settlers used capital investment to make their labor as efficient as possible. Once that approach gets started, the system has a tendency to stay in that vein.

Explanation:

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Answered by monakaushik140
2

Answer: modern farming methods are more intensive as-

Explanation:

It requires less human labour and is operated by machinery..

One machine performs all the necessary tasks at once while earlier we had to hire labours for each different task. It does our work with more efficiency.

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