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Hello Tutors, please help me answer the following questions, (it's only 14 items) any help would I will get will be very much appreciated, thank

image text in transcribed

Hello Tutors, please help me answer the following questions, (it's only 14 items) any help would I will get will be very much appreciated, thank you!

P.S. when answering please copy-paste the questions and remove wrong answers, so that I will not be confused with the format, thanks!

1. Most of today's development economists believe that*

  • peasant farmers who refuse to adopt new ideas or technologies are behaving irrationally.
  • agriculture is important, but a heavy emphasis on rapid industrialization is key.
  • agriculture should play a passive and supportive role in economic development.
  • agriculture must be a key component in any development strategy.
  • None of the above

2. Even in the poorest countries of the developing world, farmers make rational economic decisions because they*

  • grow food for self-consumption
  • have large family labor force
  • receive assistance from local cooperatives
  • respond to market prices and incentives

3. Productivity in Third World agriculture is low because of*

  • insufficient capital investment
  • lack of complementary resources
  • rapid growth of the labor force
  • inadequate pricing policies
  • All of the above
  • None of the above

4. Subsistence family farmers in LDCs behave as "risk averters" because of*

  • inadequate production technology
  • high opportunity cost of crop failure
  • high inequality in land distribution
  • low labor productivity

5. The pattern of land distribution, ownership and management and also the social and institutional structure of the agrarian economy.*

  • Land Reform
  • Sharecropper
  • Agrarian System
  • Family Farm

6. The final and most advanced stage of evolution of agricultural production in which farm output is produced wholly for the market.*

Commercialized Farming

  • Medium-Size Farm
  • Scale-Neutral
  • Subsistence Farming
image text in transcribed
7. Figure 1- Risk-Taking in Subsistence Farming* Technique A: low mean, low variance Technique B: high mean, high variance Mean = 10 Mean = 12

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