Difference between farm and non farm management
Answers
Answer:
Explanation:
FARM MANAGEMENT:-
1) plans regualated with farming activities.
2) based on agricultural needs.
3) also including labors.
NON FARM:-
1) related with business
2) includes better enginers and people.
3)may or may not include labor
thanks!!
Answer:
Explanation:
Farming as a primary source of income has failed to guarantee sufficient livelihood for
most farming households in developing countries, and agricultural development policies
have largely produced little improvement, especially in Sub-Saharan Africa.
Diversification into off-farm activities has become the norm. While the poverty and
inequality effects of off-farm income have been analyzed in different developing
countries, much less empirical studies have been conducted on the impact of off-farm
income on agricultural production and efficiency. Using survey data from rural Nigeria,
this article examines the effect of off-farm income on farm output, expenditure on
purchased inputs and technical efficiency among farm households. The results indicate
that off-farm income has a positive and significant effect on farm output and demand for
purchased inputs. Though the result does not establish that off-farm income improves
technical efficiency, there is a slight efficiency gains in households with off-farm income.
The findings of this study challenge the notion that participation in off-farm activities
may lead to a decline in own-farm agricultural production, due to competition for family
labour between farm and off-farm works. Rather, they tend to suggest that there are
indeed elements of complementarities and positive spill-over effects between the farm
and off-farm sectors of rural the economy. Removing credit market imperfections and
upgrading rural infrastructure could enhance the development of both sectors
simultaneously.