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Describe the work of a farmer with 1 hectare of land. |
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Answer» 1. The farmer with 1 hectare of land is considered as a small farmer. 2. He usually keeps large share of production for household needs. 3. He does not have much saving for capital. 4. When he thinks of inputs expenditure, he may borrow money from large farmer or moneylender. 5. In case of borrowing from large farmer, he not only pays high rate of interest but he is also forced to work as a labourer in the large farmer’s fields. 6. In case of borrowing from money lender, he has to pay high rates of interests. |
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