Why is market an essential input for farming and non-farming activities?
Answers
Answer:
Market is an essential input for all activities. Because the product of farming or non-farming activities should be placed for sale. And buy placing them to sale the consumers are benefited and the sellers earn their income. A very essential input for farming and non-farming activities is market.
Explanation:
Non-farming activities can be improved by introducing small-scale industries and other modes of businesses which employs the technical, non-technical and agricultural products, transportation, manufacturing of small products for local businesses, setting up of shops to sell agriculture-related products and much more
Cycle repair shop, carpenter, ironsmith, general store, tea stall, stationary shop, computer training institute, etc.
The 5 measures are :
Invest in non farming infrastructure.
Government improve the transport facilities from villages to towns and cities could help to encourage non-farming activities in village.
Loan should be made available at low rate of interest.
Industries can be set up in rural areas.