Which of the Following Is True About Non-Farm Households

question 24

Multiple Choice

Which of the following is true about non-farm households?

• A) Non-farm households are less likely than food crop farmers to consume large quantities of the goods or services they produce.
• B) Non-farm households are more likely than food crop farmers to consume large quantities of the goods or services they produce.
• C) Non-farm households are more likely to be net sellers in output markets
• D) Increasing in food prices tend to increase the non-farm households' purchasing power.

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Definitions:

Collectivism-Societal

A cultural value that emphasizes the importance of groups and collective well-being over individual achievement.

GLOBE Model

A research framework for understanding cross-cultural leadership behavior, indicating the influence of societal culture on managerial practices.

Collective Action

A coordinated effort undertaken by a group of individuals working together to achieve a common goal or address a shared issue or concern.

Uncertainty Avoidance

A cultural dimension that describes the extent to which individuals in a society are comfortable with ambiguity and risk.