Chapter 8 Livelihood and Economy - Primary Activities. Classification of Economic Activity Subsistence Agriculture Commercial Agriculture Other Primary Activities Trade in primary activities. Tea Plantation, Sri Lanka Copyright 2003 by Jon C Malinowski.
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Classification of Economic Activity
Other Primary Activities
Trade in primary activities
Tea Plantation, Sri Lanka
Copyright 2003 by Jon C Malinowski
Transportation & Comm.
goods/services for the use of producers/family
short supply should command an increased market price (after typhoon in Asia, vegetable price going up)
government control prices either too high or too low. (farm economy distorted while low food price is enforced, material distortion while stop importing and subsidizing)
Today’s contractual arrangement in the U.S. up to 1/3 from 10% within 50 years.
Older supply/demand market price mechanism is not totally valid
crop or livestock mix selected by commercial farmers reflects an assessment of market demands and prices
involves intensive land use near markets and extensive land use at more distant locations.
data source: Scientific American, March 1998