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Effects of inflation on Farmers:
The price of farm products goes up faster than costs. Costs lag behind prices of product received by the farmers. It has been observed in India that inflationary tendencies during war and post-war periods have helped farmers in paying off their old debts. Moreover, farmers are generally debtors and have to pay less in real terms, while the land revenue, taxes, etc., do not rise much. Thus farmers generally gain during the periods of inflation.
Wiki User
∙ 11y ago
Wiki User
∙ 9y agoAll business favours economic growth. Unsustainable and uncontrolled growth is called inflation. Farmers and other producers do not favour this.
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How will inflation affect hospitality industry in Nigeria?
how does inflation affect hospitality in nigeria industry
Why did farmers pushed for currency reform?
They hoped to cause inflation.
How do interest rates and inflation affect real estate in south Africa?
explain how do intrest rates and inflation affect the real estate
Why did farmers want inflation?
Inflation would help pay off loans Inflation would help pay off loans
How could inflation be good for farmers when it made dollars worth less?
Inflation is good for farmers because they will be able to raise their prices high due to the scarcity of what they sale. Almost in an auction sort of way to see who will buy their crops.
How will weather affect the inflation of giant balloons?
how will the weather affect the inflation of the ballooons
What were the farmers and populist party in favor of?
inflation
How will inflation affect hospitality industry in Nigeria?
how does inflation affect hospitality in nigeria industry
Why did farmers pushed for currency reform?
They hoped to cause inflation.
What did not intensify the debts the plains farmers had during the late 1800s?
inflation
How do interest rates and inflation affect real estate in south Africa?
explain how do intrest rates and inflation affect the real estate
How will the weather affect the inflating of the balloons?
how will the weather affect the inflation of the ballooons
Why did farmers push for currency reform in the 20th century?
They hoped to cause inflation.
Was the ATM the answer to inflation?
No. The ATM does not in any way affect or answer inflation. It is just a machine through with customers can do banking transactions without visiting their bank. It does not cause or affect inflation. Only the country's central bank can control inflation by changing regulatory policies.
Why did farmers want inflation?
Inflation would help pay off loans Inflation would help pay off loans
How could inflation be good for farmers when it made dollars worth less?
Inflation is good for farmers because they will be able to raise their prices high due to the scarcity of what they sale. Almost in an auction sort of way to see who will buy their crops.
How do chemicals affect the inflation of a balloon?
Inflation of a balloon is NOT a chemical reaction, so there are no chemicals involved in 'affecting' it.
