How do the medium and large farmers obtain capital for farming? How is it different from the small farmers?
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Answered by
28
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Here is ur answer :
The medium and large farmers on large areas and thus have large production.
They sell the excess production for profit and save that money for farm used for next year.
They also used part of the money and lend it to the small farmers for interest and save the money Wearied through interest also.
Small farmers obtain capital by taking loans at high interest rate from medium and large farmers.
HOPE IT HELPS YOU..
Here is ur answer :
The medium and large farmers on large areas and thus have large production.
They sell the excess production for profit and save that money for farm used for next year.
They also used part of the money and lend it to the small farmers for interest and save the money Wearied through interest also.
Small farmers obtain capital by taking loans at high interest rate from medium and large farmers.
HOPE IT HELPS YOU..
Answered by
1
In contrast to the small farmers, the medium and large farmers have their own savings from farming. They are thus able to arrange for the capital needed.
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