What Are Three Problems with Depicting Rural Development as Synonymous

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The Answer is First, even with recent upward pressures on food prices, the real price of every agricultural commodity has fallen steadily over the long term, making the profitability of agriculture as a business questionable in the absence of subsidies. For example, even accounting for recent price spikes, world cereal prices are nearly 50 per cent lower in real terms than in 1960. This may be advantageous for net food buyers but is not likely to benefit food producers, since the prices of inputs, such as fertilizers, have increased substantially relative to outputs over the same period. Second, agriculture in many parts of the globe confronts environmental limitations, particularly in terms of soil and water. Third, and clearly as a consequence of the first two points, diversification out of agriculture appears to be widespread and increasing, even in dynamic rural economies.

What Are Three Problems with Depicting Rural Development as Synonymous

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