Question

1. Discuss the main barriers to growth in agriculture and the implications for finance.

Answer 1

Main barriers of growth in agriculture are as follows-

A.improper pricing of goods and services so that farmers are not able to get the required pricing.

B. lack of knowledge among farmers can also be attributed to improper and unfair prices

C. Not having a proper collection and distribution channel is also adding to the overall agriculture problems

D.having a dependency upon the natural climatic change which cannot be predicted accurately can also add to the problems of agriculture

these problems will definitely have their implications and these are mostly financial problems that will add to the overall decrease in the value added by agricultural sector, to the overall gross domestic product of the countrycountry and it will also impact the farmer directly