Describe the comparative study of the agricultural forms in the developed countries and developing countries.
Answers
Any consideration of the competition for resources facing agriculture in developed countries must be related to the supply and demand for agricultural products; the impact of technological advance on output and prices; the interaction between domestic agriculture and international trade; and farm incomes. Possible future developments will be directly affected by the impact of the common agricultural policy on farm incomes and supplies in the United Kingdom. In turn these will have an impact on the resources used in agriculture: land, capital, labour, both manual and managerial, intellectual investment on behalf of agriculture and public expenditure. Attainment of economically optimum results for agriculture is inhibited by policies designed to take account of social and political considerations, especially in the six founder countries of the E.E.C. Policy objectives can also be in conflict, for instance, between commitments to lesser developed countries and policies for domestic agriculture.