Question

The three major interrelated forces that transformed traditional pattern of land ownership into current fragmentation in Asia, according to Gunnar Myrdal, are:

1.    Wealthy landowners value their land holdings because of power and prestige, more efficient balance labor/land, & lower transaction costs
2.    Rural-to-urban migration, low income & low level of technology & capital
3.    Land reforms, rural social & institutional structures, efficient family size farming.
4.    Intervention of European rules, progressive introduction of monetized transactions & increased power of money lender, rapid growth of population.

Answer 1

Option D.

• Various forces prevailing within an economy help in transforming the traditional patterns of land within an economy.
• These forces shape the traditional land resources into new patterns which would assist in the population growth and the development of economy.
• These interrelated force's are:- intervention of European rules, progressive introduction of monetized transactions and increased power of money lenders, and the rapid growth of Asian population.