Economics of

AGRICULTURAL
DEVELOPMENT
EVOLUTION OF AGRICULTURAL PRODUCTION
 Also known as “Subsistence farming”.
 Wheat, barley, sorghum, rice, and
corn are the chief sources of food
intake.
 Land and labor are the principal
(1) Peasant Farming factors of production.
 Farmers produced not only for
consumption but also for sale in the
market.

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 Sharecropping and Interlocking Factor Markets
 Sharecropping – occurs when a peasant farmer uses the
landowner’s farmland in exchange for a share of food output,
such as half of the wheat or rice he grows.

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EVOLUTION OF AGRICULTURAL PRODUCTION
 New crops such as fruits,
vegetables, coffee, tea, and
pyrethrum are established.
 Use of better seeds, fertilizers and
simple irrigation.
 Part for consumption, part for sales.
(2) Mixed & Diversified Farming

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EVOLUTION OF AGRICULTURAL PRODUCTION

 The production of crops for sale,

crops intended for widespread
distribution to wholesalers or retail
outlets (ex: supermarkets)

(3) Commercialized Farming

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 Destruction to
Limit the natural
natural habitat of some
rainforest wild creatures
(soil erosion)

DISADVANTAGES
OF
COMMERCIALIZED
FARMING
Some farm
Threat to the
crops are
environment
perishable
Non
availability
of land
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 VIDEO!!!

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