Social Sciences, asked by hita7981, 11 months ago

Have you heard of any similar rapid rise or decline in prices of any agricultural produce in our own times? Find out about its impact on the farmers.

Answers

Answered by Nyaberiduke
0

Answer:

Yes I have heard of the rise and fall of price rapidly of an agricultural product in our own times and the way it affected.

Explanation:

  • In 2007, there was arise in te price of grains in the Kenyan nation. The maize grains price hiked abnormally.
  • The ffect of this was that the farmers sold all their supply they had without saticifying the people.
  • The price had hiked due to insecurity issues in the country.
  • There was import of a lot of maize grain that in the next season there was experienced low prices due to the accumu;ation of excess export at the times of need.
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