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Q: Why would new technology help farmers produce more crops but cause prices to decrease?
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How did farmers survive when prices dropped?

In present days American farmers can recieve subsidues from the Federal Government to make less produce in an effort to increase prices. But in former days and in some other countries farmers suffer when prices drop.


Why did farmers favored inflation?

there was a decrease in the buying power of the dollar, brought about by too much money in circulation


How is unemployment related to supply and demand?

when people are unemployed, it means there is a decrease in the workforce and a decrease in the quantity supplied as firms cannot produce as much as they could before. as there is a decrease in the supply, prices fall and demand increases.


How did the great depression affect the farmers?

prices


Economic reforms have an adverse effect on food security?

Banning of food exports in order to lower local food prices damages the livelihood of local farmers and discourages them from producing food. Which can lead to decreased food production and decreased food security. Providing subsidies to local farmers in order to disadvantage foreign farmers can decrease food security in poor countries who can't afford to subsidize their farmers to the same extent. Putting up tariffs and taxes on imports and exports of food in order to manipulate food prices in favor of consumers often puts farmers at a disadvantage and discourages them from producing food. Which decreases food security. It's not so much economic reforms that decrease food security as it is manipulation and interference in food markets in order to damage the livelihood of some farmers for short-term benefit of consumers or for long-term benefit of some other farmers. Banning of food exports in order to lower local food prices damages the livelihood of local farmers and discourages them from producing food. Which can lead to decreased food production and decreased food security. Providing subsidies to local farmers in order to disadvantage foreign farmers can decrease food security in poor countries who can't afford to subsidize their farmers to the same extent. Putting up tariffs and taxes on imports and exports of food in order to manipulate food prices in favor of consumers often puts farmers at a disadvantage and discourages them from producing food. Which decreases food security. It's not so much economic reforms that decrease food security as it is manipulation and interference in food markets in order to damage the livelihood of some farmers for short-term benefit of consumers or for long-term benefit of some other farmers.

Related questions

New technology helped farmers produce more crops which tended to?

lower prices


How did farmers survive when prices dropped?

In present days American farmers can recieve subsidues from the Federal Government to make less produce in an effort to increase prices. But in former days and in some other countries farmers suffer when prices drop.


Did new technology helped farmers lower prices?

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What did farmers do when the demand for grain dropped after ww1?

they reduced their prices and threw out unsold produce.


Why is it a good thing for farmers in poorer countries to belong to Fair Trade organisations?

so farmers can get fairer prices for their goods that they produce.


Why is it a good thing for farmers in poorer countries to belong to fair trade organisation?

so farmers can get fairer prices for their goods that they produce.


Which was part if the Green revolution?

Heavy energy use Increase in productivity Decrease in food prices Ap3x Approved


Why did farmers favored inflation?

there was a decrease in the buying power of the dollar, brought about by too much money in circulation


How is unemployment related to supply and demand?

when people are unemployed, it means there is a decrease in the workforce and a decrease in the quantity supplied as firms cannot produce as much as they could before. as there is a decrease in the supply, prices fall and demand increases.


What forced many plains farmers in the late 1880's to give up their farms and head back east?

Decrease in prices, Plains farmers faced a long drought. The drought destroyed the crops and forced many farmers back east.


What type of information does Farmers Weekly provide?

Farmers Weekly covers everything about agriculture. You will find information on livestock, crops, horses, pigeons, fresh produce, game and wildlife and much more. It will also show you the prices of tractors, farms and the grain prices.


How did farming in the US change in the late 1800's?

Prices for crops decreased, and costs for farmers increased