Question: the difficulties in increasing agricultural output in developing countries. Explain in term of: The move from subsistence to cash crops Risk attitudes of farmers why

the difficulties in increasing agricultural output in developing countries. Explain in term of:

  • The move from subsistence to cash crops
  • Risk attitudes of farmers
    • why risk averse behaviour is rational
    • how to reduce risks
  • Advantages of mixed farming
    • part subsistence and part cash crops
    • more than one cash crop
  • Urban bias of policy makers

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