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Please help me. thank you. 1.Latifundios are* large farms that provide employment for more than 12 workers. farms too small to provide employment for even

Please help me. thank you.

1.Latifundios are*

large farms that provide employment for more than 12 workers.

farms too small to provide employment for even one family.

medium-sized farms employing 10 or fewer workers.

flat, relatively arid agricultural lands in the southern part of South America.

None of the above

2.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

3.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

4.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

5.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

6.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

7.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

8.Figure 1 : Risk-Taking in Subsistence Farming

image text in transcribed
Technique A: low mean, low variance Technique B: high mean, high variance Mean = 10 Mean = 12

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