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