Question

commercial farming needs more capitals. Elaborate.
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Answer 1

Answer:

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Explanation:

Commercial farming is all about the growing of crops and/or the rearing of animals for raw materials, food, or export, particularly for profitable reasons.

In order to achieve the economy of scale, therefore, commercial farming needs to be very efficient and practiced on a large scale as the goal of the farmer is to maximize the profit margin.

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Contemporary commercial farming hence solely focuses on the production of crops and farm animals for sale, using the most advanced, efficient, and recent technologies.

The practice, also known as agribusiness, is increasingly being taken up and practiced as more and more people partake in it as a lucrative business venture.

Due to this, a lot is invested in terms of capital, manpower, and land, making commercial farming the main driver and influencer of the global agriculture industry.

But then again, commercial farming is worrying to some extent despite its positive results. For instance, lots of fertilizers, insecticides, weed killers and pesticides are used during farming.

Furthermore, it utilizes huge parcels of land and also uses a lot of water. On a planet where the population is expected to reach over 9 billion by 2050, these practices worry about those who are fighting for a sustainable environment

Answer 2

Answer and Explanation:

Commercial farming is the farming method in which plant and livestock production is practiced with the intention of selling the products on the market. Because of the high labour required in subsistence agriculture, it is a labour-intensive technique.

Modern farming requires more capitals because the following come at a cost, irrigation, set up, chemical fertilizers and pesticides, farm machinery like tractors and threshers which made ploughing and harvesting faster. Hence the modern methods are more efficient and the value of technology is higher than the ancient technology.