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1. How does the discovery of agricultural affect the social and economic condition of the primitive people? ~When agriculture began to be practiced, people ended their nomadic life. They stayed in places which they chose, and built their houses. Thus villages developed and grow. In the beginning, people only produced the goods which they could consume It was a self-supporting society. But when better techniques of farm production were introduced and their institutions become more developed, they realized the advantage of producing more good for trade purpose. And this was the beginning of progress. 2. What is the importance of agriculture to the Philippine economy? ~The cultivation of plant and animals through farming, mainly for food, agriculture also knows geography of food in the Pilipine. 3. Could we attain economic progress without agricultural development? Justify your answer? ~ in economics, the specialization of the functions and roles involved in production. Division of labor is closely tied with the standardization of production, the introduction and perfection of machinery, and the development of large-scale industry. Among the different categories of division of labor are territorial, in which certain geographical regions specialize in producing certain products, exchanging their surplus for goods produced elsewhere; temporal, in which separate processes are performed by different industrial groups in manufacturing one product, as the making of bread by farmers, millers, and bakers; and occupational, in which goods produced in the same industrial group are worked by a number of persons, each applying one or more processes and skills. Modern mass-production techniques are based on the last type. The proficiency attained through experience at one task and the time saved by concentration on one phase of an operation are such that the total production is many times what it would be had each worker made the complete article. 4. Explain the characteristic of farming?
Characteristics of Farming
Home and farm business are integrated. Functions of management and ownership are combined. Most farms are small business unit. Farms products are not easy standardized. Farmers¶ control over production is limited. Demand and supply of farm products are inelastic. Farming is subject to great risk. Farming can be done by less-educated person.
What is a good farmer? Explain the qualities or characteristic of Filipino farmer? ~Good farmer is they employ their relatives and some other in the neighbor. Define agribusiness. 8. Farm wages are lower compared with other industries Farm production is difficult to control Farm work is given low social status by Asian societies 7. it doesn¶t not require collage education. Why are farms different? ~Because traditional farming is a simple job. 5. what more important is to love the land and farm work. Farming has many uninsurable risks. Give a examples of variable and fixed cost in agriculture! ~ Examples for the Variable Cost: - Farm inputs. Example: Planter Product 10. Rentals for buildings and lands Taxes on real estate Interests on investment ~ Example for the Fixed Cost: 6.as such business principles and strategies are in most case also applicable to farm interprise. ~Explain the qualities or character of Filipino farmers : -Integration of home and farm business -Combined function of management and ownership -Most farm are small business units -Farm product are not easily standardized 9. What are the disadvantages of farming? Farm products are highly competitive. diesel and oil consumption. Farm production cost high caused by a relatively small size production unit. 2 . chemical and the like. Give a example of agribusiness enterprise in the Philippines. fertilizer. ~ Particular type of business is in concerned with providing the farmer with supplier which thief need in the production and in the processing and marketing of their farm product. What is the best type of farming in your place? ~The types of farming in my place are :Plant fruits and vegetable then tobacco and coffee. Gasoline. 11.Fixed costs are usually high. In what way is farming similar to the other business enterprises? ~A farm is also a form business organization. Hired labor and other similar services. such as seeds.
Why? ~Because in agriculture are not only confined to economics. money. What are the duties of the farm manager? The duties of farm manager: Select the farm enterprise. labor is cheap because there is an oversupply. and materials 18. However. The price of fertilizer and chemicals are extremely high for the farmer. What are the effects of taxes on agricultural production? ~With such incentives. There non-economic factors which greatly affect the emergence of such problems. Industrialization. 13.Economic Problems :Attitudes. Land Tenure. Choose and combine properly the factors of production. they use labor-intensive methods in production for economic reason. Taxation and subsidies. Health. Education.12. concerned agricultural projects or enterprises are expected to become viable and their number to increase. labor. Solving economic problems with economic solution alone is not effective. What are some of the economic and non-economic problem of the farmers? are also Economic Problems :Financing. Marketing. What are the factors of production? How are these used in agricultural? Land. the unfavorable policies of the government. 16. How does industrialization affect agriculture? ~The process of industrialization creates problems in the agricultural sector. Public administration. Population. farmers in the neglected crop industry develop negative attitudes toward the intention of the government. As result. and capital In agricultural countries. Plan the physical of the farm. extending financial assistance to a farmer bad habits is useless. 15. 17. For instance. Production. the poor health of farmer. Be value must be improved through continuous training and education. problems such as favoritism and inefficient administration of the incentive program of the government may likely crop us. This proportion determines their choice of method of production. they utilize capital-intensive 3 . Why is it that most farmers are reluctant to change their traditional method of farming? ~Because the high cost of scientific methods of farming and the many risk involved in agriculture prevent them from changing their old method of farming. Religion 14. or the negative attitudes and values of the farmer have very deep impact on the economic condition of the individual ~For example. Since the use mechines is much cheaper. industrial countries have more capital resources than labor. Economic infrastructures Non. Provide a system of records and account 19. Define farm of organization? ~Farm of organization : labor machines. Value and Cultural.
Response to institutional changes : a farm manager should be able to adjust favorably to changes in government programs on agriculture. and building. service. Why do famers need credit? ~ Because they can¶t rely on their savings because they have none. Taxes. No. Location of farm. However. 23. or money at a certine time in exchange for a promise to pay at some future time. like land. and interest vary from region to region. Farm layout. etc Risk : a farm enterprise is subject to many risk Choice of proper alternatives : a farm manager is often confronted with problems of choosing economic opportunities wisely Proper combination of fixed and variable factors : profit maximization is the goal of a farm manager. What are the characteristics of a desirable farm? ~Characteristics of a desirable farm: Fertility of the land. machines. a farm manager has to evaluate such economic advantage in relation to the availability and cost of marketing facilities and outlets. or money.technology. What are the determinants of the cost of credit? Interest : this payment for using the money of other people. services. labor. Define credit. Factor payments such rent. such as agrarian reform. Explain the problem of a manager! The problem of a manager: Lack of inadequate current information : a farm manager should be well-informed on prevailing prices affect which his farm business. one is creditor who provides the ting borrowed and the other one is the debtor who receives it and assumes the obligation to pay. Is it different from debt? ~ Credit is defined as the ability of an individual to acquire goods. The community 21. 22. obviously. his financial problems is further aggravated when he begin sending his children to college-if it still possible for him to do so. 4 . in banking institution the loans come from the saving or deposits of individual. he has to arrange the most efficient combination of the factors of production. the income of the farmer is usually barely enough to support his family. The promised payment may take the form of goods. with the high cost of living. wages. there are other charges which financial institution impose on borrowers. 24. corporate farming. Weeds and stumps. Improvements. 20. they have no more money to spend for their farm input and other capital investment. Fees : aside from interest. it is same. they are thing derived from two different points of view. To achieve this. Topography. cooperatives. they are two parties which are involved in credit transactions.
Periodic inspection and follow up of the project. Explain the advantage of insurance for farmer? It substitutes certainty for uncertainty It distributes the cost of losses It help in getting credit It help in the calculation of costs 31. How does the law of diminishing returns affect agricultural production? ~Must easier discripe than to predict. Evaluation of the project upon it¶s completion 29. Preparation of the farm plan and budget. that-real live. Fire. and where. such as land. Crop 30. a reliable feasibility study should be conducted. and. business models generally have multiple variables and changing prices for 5 . How do you improve the ability of farmers to pay off loans? Loan should be used for productive projects. Time of repayment. As summing that variables remitted fixed. Automobile. capital. Rate of repayment . when. the income which is generated from the project should be sufficient to repay the loan. What are the steps in supervised credit? Steps in supervised credit : Analysis the project. overall return on that investment increases at the a beginning rate. What is supervised credit? ~Supervised credit : supplement with farm and home management guidance under an borrow during the various stages of the project development. Size of the loan : credit which requires a constantrate of interest and a fixed service charge is not favorable to small loan borrowers 25. 27. 28. coordinates the other factors. for a viable project or investment. What are the factors of production? ~Factors of production are : Land. he improves farm enterprise therefore greatly depends on the competence and foresight of the entrepreneur. Why is the entrepreneur very important factor in production? ~The farm manager direct. 33. What are the principles in the use credit? Principle in the use credit : Productive enterprises. What are the types insurance for farmers? ~The types insurance for farmers are : Life. and entrepreneur 32.Method of payment : the manner of paying of the loan affect the cost credit. Size of repayment 26. controls. 34. and capital. simplestic intraction explain the general principal. labor. labor. and how to produce them. Define the law of diminishing return! ~ Is classic economic concept that started that as more investment in an area is made. he decides what crops to produce.
Subsidies are government assistance for local producers. time. devotion. and Retailing. and storage facilities should be adequate to expend the benefits of raw product and stabilize supply of farm goods. 35.goods and labor to consider. Optional uses. Manufacturers get protection from trade barriers. because people can not take advantage of the productivity of other countries. Storage. Yes it is . 40. 38. State the law of comparative advantage ~The availability of spare part and local service 36. Packaging. particularly the more complicated ones. What are the functions of marketing. Transporting. 39. low interest loans and others. How do these affect the farmers? ~Tarif or customs. the traditional objects of exchange are good and services. Quotas limit the many units that can be imported to limit the amount of goods in the market and raise prices. What are the factors in agricultural marketing? ~Factors in agricultural marketing : Size of the farm. Kuota. attention. warehousing. 37. in edicine the effect of diminishing return become hurt to isolate due to improvement in production. Forms of subsidies include financial assistance. Subsidies generated from taxes. exchange does not only involve goods and services but also money. it requires a good transportation and communication system in order to ensure an efficient transfer of farm product to the consumers. bases of international trade? ~Comparative advantages enjoyed by each nation it means a country has to export the product which enjoys the greatest advantages. 42. Give examples of international trade barriers. How can small farmers mechanize their farms? Facilities are essential consideration in the purchase of machines. ~The modern concept of farm marketing : The pursuit of our transactions and exchange relationship. Standardizing and grading. while the government gets revenue from duties. under the modern setting. Subsidi. Likewise. processing. Define farm marketing. Financing. energy. Is selling the same as marketing? ~Functions of marketing : Assembling. Parties that benefit from the existence of trade barriers is the manufacturer and the government. Trade barriers reduce economic efficiency. What is the modern concept of farm marketing? ~Farm marketing : marketing of farm product involves activities which facilitate the movement of products from the farm to the ultimate users. and the like. Tariffs are taxes on imported products. How is man related to land? Which is the best relationship? 6 . The nature of the product.
Lack of money and the anemic political will to fight vested interests appear to the principal reason for the superficial execution of land reform. Explain some shortcoming in our land reform program! ~The land reform program has not been fully implemented in many other countries. Health. legal assistance. 46. What are the problems of tenure group? ~Some problem of tenure group : Size of the farm. it¶s a dual society ± one is for the very few rich and another for the many poor. Education. responsible and dignified. Why do farmer become more productive when they own the farm they are telling? ~Because they can easier to process their own product in their farm. Meeting the fertility preferences of individual families is undoubtedly a desirable objective on reproductive rights grounds and in many countries would at the same time address the objective to reduce population growth rates 7 . and the development of rural institution. Family planning does not limit rights. and progressive partner in nation-building. and stagnation and to make them productive. 48. No. the program is designed to uplift the farmers from poverty. 45. Standard of Living. Why is the program of family planning not really successful poor countries? ~ It helps couples achieve their desired family size and can help lower maternal and child mortality²critical Millennium Development Goals. they live in mansion while their poor tenant reside only in shanties. electrification. it gives people choices by providing them the tools to control the timing and number of children to have. he merely gets a share in the harvest Sharecropper : he works in the farm mostly during harvest season Laborer : he perform manual work in the farm Lessee : he operates the farm on a fixed rental basis Manager : he operates the farm for the owner. 47. 43.Owner : he has tenants or workers who work on his farm Owner-cultivator : he farm his own land Owner-lesser : he leasses his farm Tenant : he tills a farm which does not belong to him. tenant and farm workers exist on hand where most of the rural poor people live in absolute poverty but the big landlords wallow in luxury n comfort. it is not. What is the agrarian reform? Is it same as Land Reform? ~Agrarian reform is a package of service extended to the farmers in the farm of credit. ignorance. Landlord-tenant relations 44. infrastructure farm extension. Describe the social condition of tenant! ~The agricultural sector is generally a low-income area.
Is farm mechanization effective in Asia agricultural? Explain. and Asian countries are developing countries so that preformance produce their agricultural products using imported equipment 50. What causes low productivity among Asian farmers? ~ because the type of agriculture that is different. What are the barriers of agricultural reforms? ~The barriers are imposed for political reason. because agriculture have basicly the same objectivs to maximizes their profit efficient operations .49. 51. it is. 8 . ~Yes. One way of attaining this objectifs is to produce more with the least cost.