Preview

Case Study: Providence Farm

Good Essays
Open Document
Open Document
1903 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study: Providence Farm
Using the primary data and secondary data write a paragraph explaining what is happening in Beechmont that is putting pressure on farming in the area and the impacts it is having on Providence Farm:
As represented in the data above, it is seen that the pressure on dairy production in Beechmont is continually increasing, impacting farms such as Providence farm. Beechmont is a rural area, therefore does not provide much educational, health services or high profit job opportunities. As a result, the younger and working age, 0-44 showing a more distinct decrease within the population, are declining due to individuals seeking better education therefore able to have more profitable jobs in other areas away from Beechmont. The decreasing number of
…show more content…
As the milk prices are seen to be static, due to this legislation being implemented, supermarkets in Beechmont would be restricted to only buy locally. Providence Farm would sell more produce in a short amount of time, causing farmers to gain an increased profit. This legislation would increase the marketing and availability of produce from Providence Farm to the public, consequently, since the public are restricted to only buy local products, Providence Farm would observe an increase in profits. Due to this increase in profits, this would benefit socially in the short and long run as this would generate more employment opportunities benefitting the working class as the farm would be able to expand. This expansion of Providence Farm would increase productivity as a result would provide the farmer with more profits, keeping the dairy farm a thriving business. Due to more employment opportunities being available, the working age population would increase therefore would buy more products produced by Providence Farm contributing to their increase in profits. An economic problem with implementing a law, binding supermarkets to buy locally is that due to the restriction to buy locally instead of abroad, high costs levels can be implemented by local farms to gain better profits. This increased cost will then be passed onto residents which was …show more content…
It is prudent to implement this law due to the following benefits overall, in comparison to implementing subsidies. By implementing a law that binds supermarkets to buy locally, increases the acquired profit of farmers locally therefore dairy businesses such as Providence Farm would stay in business. Accompanying this increase in profit, local farms, specifically Providence Farm would be able to expand, accumulating more productivity, producing more products as a result. This increases farmers profit as they would be able to sell more in a short amount of time. Socially, with this implemented law, due to farmers receiving more money and expanding their farms, employment rates would increase as would the working population in the Beechmont area, without the working population suffering a serious disadvantage of paying huge amount of tax to provide subsidies. As it would take a long time for the law to be implemented, employment opportunities would stay static, however when the law starts to be followed it would economically benefit Providence farm, as the increased productivity of farms in Beechmont would rely solely on the sales of products in supermarkets, as opposed to the expense of community taxes. With the buy local clause being implemented, farms such as Providence

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The Commerce Clause allows Congress the authority to regulate the price of wheat to the extent that farmers could produce wheat to meet their own home needs, the demand for wheat is affected. While Filburn’s production alone may have a minimal effect on commerce, the combination of these minimal productions would have a substantial effect on commerce. Although Filburn’s planting is local it can still be regulated by Congress as it has the potential to have a substantial economic effect on commerce, regardless whether that affect is direct or indirect.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    As a result of the more efficient production, farmers could charge less and less the more they produce (Document A). From 1870 to 1900, the number of bushels (in millions) produced went up 239%, while the price per bushel went south 53%. Although this seemed very…

    • 554 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Glt1 Task 1

    • 947 Words
    • 4 Pages

    Currently Walmart is helping to boost the growth of local small producers by allowing them to deliver their products locally and have them distributed nationwide (Flores-Arraoz & Musca, 2011). Increases in productivity is causing a net gain within the economic system, but at the same time causing a shift in the economic system. People of South Africa have farmed their own land and used human labor to live off the land. Where human labor is most valuable, the landscape of the job market has changed. Some jobs have been created, while others have disappeared (Flores-Arraoz & Musca,…

    • 947 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    should allow the retailers to maximize profitability and open more stores in closer proximity to…

    • 1267 Words
    • 2 Pages
    Powerful Essays
  • Satisfactory Essays

    Effects Of Walmart

    • 220 Words
    • 1 Page

    The first accusation of Wal-Mart is the destruction of small towns’ tax base by pushing small retailers to close their doors and go out of business because it is nearly impossible to compete with the low prices established by the giant retailer. According to a study published in the New York Daily News, eighty-two local stores went out of business in the West Side of Chicago after the opening of a Wal-Mart in 2006. This number shows the big loss faced by the town since the closure of all these stores means immediately that the total amount of taxes received by the town will automatically drop off. For example, the existence of a Wal-Mart in any town is associated with the decrease of the food licenses fee usually paid by the closing businesses.…

    • 220 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    microeconimics

    • 7597 Words
    • 29 Pages

    The increased quantity of French bread being sold increases the demand for flour, as shown in Figure 8. As a result, the price of flour rises, increasing producer surplus from area D to D + E + F. Note that an event that affects producer surplus in one market leads to effects on producer surplus in related markets.…

    • 7597 Words
    • 29 Pages
    Good Essays
  • Good Essays

    What would happen if they are gone? If these stores begin to close then thousands of employers will be out of a job and will be struggling to pay bills and find a new job. Not to mention the fact that the government is going to take tax payer’s money to pay for their actions to control our food. If we have to pay for it than we should have a…

    • 703 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Holly Farm

    • 304 Words
    • 2 Pages

    According to appendix 1 of forecast sales of 1999, the farm shop sales increased by 48%, showing there will be a decline in retail shops sales by 15.4% in 1999. However, the total sales forecast for 1999 will increase by about 3% which is lower than the average growth trend from 1994 to 1998.The analysis also revealed a that part of the decrease in retail shop sales was due to the standard discount of 25% to allow a 33% mark-up to the normal retail price of £2.00 per litre. Although the minimum order quantity for retail shops is 100 litres, deliveries were made by Gillian in the van on Tuesdays that also requires logistics and distribution cost that did not reflect in the analysis compared to farm shop sales with retail price of £2.00 per box which gives them a much better margin than for their sales to shops and also because of the increase in paying visitors to the farm and “farm shop” only visitors. The proposed increase in the number of farm visitors in 1999 by 50% if the issues and capacity constraints are not dealt…

    • 304 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Walmart

    • 567 Words
    • 3 Pages

    In the rural area, due to the low income level and different consumption pattern, the sales would be insufficient to support a large supermarket. Besides, transportation and infrastructure were underdeveloped without proper management. Local governments were in favor of local companies because of private and fiscal benefits and set up ad hoc barriers to bar foreign retailers.…

    • 567 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Blessed Farm Partnership

    • 653 Words
    • 3 Pages

    In order to tackle the above problems, two partners of the Farm, Mr. Brighton and Mr. Stayton came up with four proposals to improve the situation. Before deciding which proposal is to be implemented and benefits the farm the most, it is important to consider the following issues:…

    • 653 Words
    • 3 Pages
    Good Essays
  • Good Essays

    ii) Whether we would be able to continue with our domestic policy aimed at improving infrastructure and provision of inputs at subsidised prices for achieving increased agricultural production.…

    • 1091 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Cast Study About Wegmans

    • 1249 Words
    • 5 Pages

    1) There are many different kinds of goods meeting different needs of the customers .It means that the supermarket should keep a wide range of products so that customers can pick and choose from them. They will go to the supermarket directly when they want to buy something in one stop because they are sure that they can get all the goods with 100 percentages there and need not go to different markets to buy all the good they need.…

    • 1249 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Past Paper Eco Notes

    • 271 Words
    • 2 Pages

    * Discuss whether farmers will benefit from producing goods which have low price elasticities of demand and supply: Supply is likely to be inelastic because of time lags and perishability while demand reflects necessity/substitutes and physical limits. Shifts in supply and demand cause major fluctuations in prices and affect income and planning. Increases in supply which lower price lead to falls in revenue. Against this inelastic demand maintains revenue when prices rise as supply falls. The latter only benefits farmers who manage to continue producing. Increases in efficiency can cause large falls in price and income. Uncertainty and risk avoidance often result. The impact of taxes and subsidies varies with elasticity.…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    This essay will analyze the effects of the increase in farm workers’ minimum wage by discussing whether the agricultural sector is experiencing a shift from labour to capital and the expected implications of an increase in wage rate. This will be analyzed by using the AS-AD model and a model of the labour market together with information that I find relevant for the analysis in this essay.…

    • 1556 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Lastly, shopping locally will help to control the population growth. With more people shopping locally, it will indeed save America money. The more people that choose to shop through foreign…

    • 589 Words
    • 3 Pages
    Good Essays