what is the main source of capital for medium and large farmers? how is it different from the small farmers? explain
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Answered by
160
Medium and large farmers obtain capital for farming from their own savings or take loan from the bank.
Small farmers on other hand do not have sufficient funds. They borrow from large farmers on the village money lenders or the traders who supply various inputs for cultivation. The interest on such loans is very high. The small farmers are put to great distress to repay the loan.
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Small farmers on other hand do not have sufficient funds. They borrow from large farmers on the village money lenders or the traders who supply various inputs for cultivation. The interest on such loans is very high. The small farmers are put to great distress to repay the loan.
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Hope this will help you....
Answered by
31
Answer:
Explanation:
Medium and large farmers obtain capital for farming from their own savings or take loan from the bank.
Small farmers on other hand do not have sufficient funds. They borrow from large farmers on the village money lenders or the traders who supply various inputs for cultivation. The interest on such loans is very high. The small farmers are put to great distress to repay the loan.
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