what is economic Holdings
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An agricultural holding is the economic unit under a single management engaged in agricultural production activities.
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While the notion of 'economic holding' is a dynamic one, in that, with a growth in productivity and rates of farm production comparative to farm inputs and buyer goods, a smallholding can become an attainable economic holding, there is nevertheless room for a stagnant explanation of economic size at any point of period and place.
- This is so because there is, in fact, a lag between the distinction of components that enhance productivity (such as the new agricultural technologies) and acknowledgment of them in procedure by farmers.
- Therefore, though the 'economics' of the amount of holding should not be precisely observed with any specific size of area, there is yet a need to have an operating explanation of economic holding.
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