Industrialist and Farmers help each other. How?
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Answers
Explanation:
New technology, including chemicals and larger tractors, allowed farmers to work larger areas of land with less labor. Government policies encouraged farmers to scale up their operations. Farmers were also motivated by economies of scale—the economic advantage of producing larger numbers of products.
Most obviously, agriculture provides industry with food and raw materials while industry in return supplies its surplus of producer and consumer goods—producer goods in the form of, especially, the package of inputs that is the basis of the H.Y.V.
Agriculture draws some raw materials, like chemical fertilisers, pesticides, electric power, agricultural machinery and implements, etc., from the industry. Agriculture is also dependent on industry for the supply of materials for building up social and economic overheads in the agricultural sector.
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