making the current‚ highly fuel-dependent agricultural production system less secure and food less affordable. It is therefore necessary to promote food self-sufficiency and reduce the need for fuel inputs to the food system at all levels. The connection between food and oil is systemic‚ and the prices of both food and fuel have risen and fallen more or less in tandem in recent years (figure 1). Modern agriculture uses oil products to fuel farm machinery‚ to transport other inputs to the farm‚
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Rivalry Among Firms: High The global industry of construction and agricultural machinery is characterized by intense rivalry among firms due to its competitive strategies. (Book) When few multinational companies dominate the market‚ a consolidated industry exists‚ making it crucial for companies to lead in market share and profit margins. (Book) This in turn creates low switching costs for buyers allowing them to purchase from different companies without hesitation. (ML) Fixed costs for production
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development‚ crop production‚ harvesting‚ storage and processing. Mechanization is said to provide human operators with machinery that assist them with the muscular requirements of work. It can also be used to refer to the use of machines to replace manual labour or animals.. It can hence increase significantly the productivity of human labour and improve the quality of life for agricultural workers. Mechanization is sometimes confused with tractorization even though they are two different things
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During the two decades following World War II‚ Hungary was transformed from a predominantly agricultural land into an industrial-agricultural state. This transformation was carried out under a system of central planning patterned on that of the Soviet Union. Consumer desires were ignored‚ tight labor discipline was enforced‚ and living standards were depressed‚ so that the largest possible share of Hungary’s resources could be used to develop an industrial base. Investment in industry was encouraged
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in RBI’s perception would not have had access to organized lending market or could not afford to pay the interest at the commercial rate. This type of lending is called Priority Sector Lending. Financing of Small Scale Industry‚ Small business‚ Agricultural Activities and Export activities fall under this category. This is also called directed credit in Indian Banking system. Financing Priority Sector in the economy is not strictly on commercial basis as not only the general approach is liberal but
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farming. The problem with a rural‚ agricultural economy is that there is low labour productivity and this leads to low income levels. Many LEDCs also suffer from uneven bargaining power during their trade in primary goods as they often lack knowledge of what the right price should be‚ and therefore are often exploit by buyers that negotiate prices‚ limiting economic development in developing countries. Although the LEDCs rely heavily on farming‚ their agricultural productivity is not high compared
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America Journal‚ 75(6)‚ 2198-2205. Retrieved from http://search.proquest.com/docview/909942088?accountid=15042 The effects of Nitrogen fertilization on the abundance and community composition of ammonia-oxidizing bacteria are influenced by agricultural practices and the topic is covered in this article. When soil is fertilized by humans there is a change in the certain types of nitrifying bacteria that are among the clusters in Ammonia-oxidizing bacteria. The increase of individual types of bacteria
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and iron. The plans were very complex but by then end of 1928 every worker knew what they had to achieve. The First Five year plans focused mainly on the major industries such as electricity and oil‚ these were the targets set: * Increase agricultural production by 55 per cent * Increase industrial production by 180 per cent * Increase investment by 228 per cent * Increase sales of production by 70 per cent. Although most targets were not met‚ the first five year plan was hailed
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taking place at this time‚ and machinery often replaced men on the farms‚ as it was a more economically efficient way of farming. A government policy of enclosure was implemented‚ which greatly upset traditional‚ rural societies. Tenant farmers would now only employ labourers to do short term work on the farms‚ for jobs such as hedging or ditching. There was now a surplus of laborer due to deflation after the French wars‚ a population increase alongside a non-agricultural employment decrease‚ and the
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couldn’t picture myself doing it for a living. My sophomore year started off rough because I didn’t enjoy my major at all. We would go out into the woods identifying different trees‚ learn about machinery‚ and climb trees. I liked tree identification for the most part‚ machinery bored me to death‚ but tree climbing began to spark an
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