WAEC Economics 2006 Theory question 109

Theory question 109

Agriculture

(a) Explain the following: (i) Peasant farming; (ii) Commercial farming; (iii) State farming.
(b) In what two ways will increased commercial farming contribute to the development of the economy of your country?

Show the model answer
Model answer

(a)(i) Peasant farming: small-scale farming on small plots with simple tools and family labour, mainly for the family's food with a small surplus sold.
(ii) Commercial farming: large-scale farming mainly for sale and profit, using machines, hired labour and modern methods.
(iii) State farming: farms owned, financed and managed by the government.
(b) Any two: more food at lower prices; more raw materials for industries; more exports and foreign exchange; employment and higher incomes; more government revenue; market for industrial goods.

Explanation

Give a clear definition of each type of farming.