Business Studies, asked by archanagupta5066, 6 months ago

Why stock piling is beneficial for agricultural products?​

Answers

Answered by nisha2168
1

Answer:

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Answered by Yengalthilak12
39

The practice of maintaining public stockpiles of

essential food commodities has been a popular

food policy of many governments in the past. This

was especially observed during World Wars I and II,

when international trade came to a complete halt. For

most countries stockpiling policies continued during

the early Cold War period, not only due to fears of

another global conflict breaking out but also largely to

boost their domestic agriculture sector by incentivising

greater production. The practice however went into

reverse with the onset of the Green Revolution which

significantly boosted food production. It was argued

then that international trade would be sufficient to

guarantee a steady supply of food at lower cost across

the world. This led to most countries cutting down their

public stockpiles and stockpiling practices gradually

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