Question and answer
How does the corporatization of farming affect all Americans, not just those living in rural areas?
Farmers freely chose to adopt the new mechanical and chemical technologies, many of which were developed through publicly supported research, because they seemed to promise increased profits. [ These technologies invariably promised greater production efficiency, which would reduce cost per unit of production, leaving the farmer with a wider profit margin. Increased efficiency generally meant
that each farmer could produce more than before, in fact, needed to produce more to justify the new technological investment and to realize the full benefit of the new technology. However, the "early adopters" were the only farmers to realize increased profits. As more and more farmers adopted a new technology, a new kind of machine or agri-chemical, total production invariably increased, because each farmer now was compelled to produce more. The new technologies allowed farmers to reduce costs per unit, but only if they produced more units. With increased production, market prices invariably fell, leaving even the innovators no better off than before. The later adopters rarely had a chance to recoup their investment before prices fell and profits were gone. In cases where the government supported commodity prices, land prices rose instead, with the same net effect on profits. Eventually, technological adoption was motivated by survival rather than profits, and those farmers who adopted too late didn't survive. Some farmers had to fail so others could expand-could farm more land or produce more livestock-in order to realize the full benefits of the new technologies. In fact, prices invariably stayed low enough long enough to force enough farmers out of business to accommodate the new industrial technologies. And, after each "technological adjustment" was complete, there was always another round of technology waiting for adoption. Chronic crisis and continuing farm failures have been a necessary consequence of agricultural industrialization. ]
Expert answered|Marvel2|Points 1062|
Question
Asked 8/8/2013 11:55:03 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
How does the corporatization of farming affect all Americans, not just those living in rural areas?
Weegy: Farmers freely chose to adopt the new mechanical and chemical technologies, many of which were developed through publicly supported research, because they seemed to promise increased profits. [ These technologies invariably promised greater production efficiency, which would reduce cost per unit of production, leaving the farmer with a wider profit margin. Increased efficiency generally meant that each farmer could produce more than before, in fact, needed to produce more to justify the new technological investment and to realize the full benefit of the new technology. However, the "early adopters" were the only farmers to realize increased profits. As more and more farmers adopted a new technology, a new kind of machine or agri-chemical, total production invariably increased, because each farmer now was compelled to produce more. The new technologies allowed farmers to reduce costs per unit, but only if they produced more units. With increased production, market prices invariably fell, leaving even the innovators no better off than before. The later adopters rarely had a chance to recoup their investment before prices fell and profits were gone. In cases where the government supported commodity prices, land prices rose instead, with the same net effect on profits. Eventually, technological adoption was motivated by survival rather than profits, and those farmers who adopted too late didn't survive. Some farmers had to fail so others could expand-could farm more land or produce more livestock-in order to realize the full benefits of the new technologies. In fact, prices invariably stayed low enough long enough to force enough farmers out of business to accommodate the new industrial technologies. And, after each "technological adjustment" was complete, there was always another round of technology waiting for adoption. Chronic crisis and continuing farm failures have been a necessary consequence of agricultural industrialization. ] User: What is brain ... (More)
Question
Expert Answered
Asked 8/8/2013 12:42:24 PM
0 Answers/Comments
21,026,543 questions answered
Popular Conversations
The graph of y = 2 x and the graph of y = 2 -x are symmetrical. What ...
Weegy: x^2+y = 3 is the answer. User: Find the roots. 2x 2 + 7x - 15 =0 User: Solve for x. 8x 2 - 5 = 11 Weegy: ...
5/21/2015 9:51:26 AM| 4 Answers
What is the equation of a line that passes through points (0, 4) and ...
Weegy: The equation of a line that passes through points (0, 4) and (-4, -8) is y= 3x + 4 User: Which of the ...
5/21/2015 10:31:24 AM| 4 Answers
Cuban dictator
Weegy: What is your question about Cuban dictator? Please be more specific. User: Group formed to promote democracy, ...
5/21/2015 6:55:14 AM| 2 Answers
When Japan proceeded to invade Manchuria,
Weegy: False. the national socialist party for china would have been Sun Yat Sens koumintang (KMT) and it had been ...
5/21/2015 10:59:37 AM| 2 Answers
phonemes
Weegy: A phoneme is the smallest meaningful unit of sound in a language. User: syntax Weegy: In syntax, ...
5/21/2015 10:48:31 PM| 2 Answers
____ concluded through research that casual dating was a form of ...
Weegy: Willard Waller concluded through research that casual dating was a form of entertainment that had little to do ...
5/21/2015 11:13:24 PM| 1 Answers
Weegy Stuff
S
L
Points 706 [Total 1236]| Ratings 2| Comments 686| Invitations 0|Offline
S
1
Points 435 [Total 827]| Ratings 1| Comments 425| Invitations 0|Offline
S
Points 372 [Total 380]| Ratings 1| Comments 362| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 204 [Total 8950]| Ratings 0| Comments 204| Invitations 0|Offline
S
1
L
L
Points 67 [Total 8250]| Ratings 0| Comments 67| Invitations 0|Offline
S
L
Points 55 [Total 3809]| Ratings 2| Comments 35| Invitations 0|Online
S
L
P
Points 36 [Total 2513]| Ratings 0| Comments 36| Invitations 0|Online
S
Points 33 [Total 53]| Ratings 0| Comments 33| Invitations 0|Offline
S
Points 14 [Total 14]| Ratings 0| Comments 14| Invitations 0|Offline
S
L
1
R
Points 13 [Total 1300]| Ratings 0| Comments 13| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.