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WAEC Agricultural Science 1994 Question 55

Question 55

Farm Management and Records

Farmers can minimise risks associated with farming business by

  1. A.flexible budgeting
  2. B.adopting farm assurance policy
  3. C.diversification of farming enterprise
  4. D.practising monoculture
  5. E.sale of products immediately after harvesting.
Show the answer and explanation

Answer: B (adopting farm assurance policy)

Explanation

Insurance pays compensation if crops or animals are lost.