By D. S Chauhan
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Extra info for Agricultural economics
A depression in industry to that is particular bound to create The volume depression in agriculture. level of earnings, price level of employment, the and the conditions of living and working, in short, the economic conditions of one group exercise a controlling influence on those of the other groups, changing a previous balance and again striving a fresh equilibrium only to be dislocated soon. and men from one occu- in a perpetual shifting of resources pation to another. continues And in this way establishing a causal to establish This results t the action and interaction relationship and reciprocal behaviour between different segments of national economy, With the development of civilization and economic progress this interdependence has been increasing.
Agricultural output like find is generally of perishable nature cannot be stored indj^tfi^ (Cutout >t soon, a*m Partly because it for long. * *0rdinarily f it is expected that with the improvement in the standard of for agricultural production should increase less rapidly. living the demand This is true of developed countries. In our country the standard of living is short of the total requirement, Any very low and the overall production in the standard of living will, in the beginning, increase the demand for food sufficiently rapidly.
But in the case of instruments of production value of the product is a better * basis of comparison, difference : * 44 ( ) Thus, we find that productivity primarily depends upon two factors more what the nature has brought about. is plot of lesser fertility in the vicinity of a city value than one which may be more fertile but man own way in his has tried to may plain is And than the arid and the barren tracts. fertile difference The Gangetic natural and locationaK : the Again, a yield more distant.
Agricultural economics by D. S Chauhan