A cash crop.
Corn
WOULD YOU LIKE TO EXPLAIN WHAT IS LARGE CROP YIELDS
If crop production is low, creating high demand, the buyer comes out ahead because the farmer could have sold for a higher price, had he or she known there would be a smaller supply.
1.Determination of price The study of law of demand is helpful for a trader to fix the price of a commodity. He knows how much demand will fall by increase in price to a particular level and how much it will rise by decrease in price of the commodity. The schedule of market demand can provide the information about total market demand at different prices. It helps the management in deciding whether how much increase or decrease in the price of commodity is desirable. 2. Importance to Finance Minister The study of this law is of great advantage to the finance minister. If by raising the tax the priceincreases to such an extend than the demand is reduced considerably. And then it is of no use to raise the tax, because revenue will almost remain the same. The tax will be levied at a higher rate only on those goods whose demand is not likely to fall substantially with the increase inprice. 3. Importance to the Farmers Goods or bad crop affects the economic condition of the farmers. If a goods crop fails to increase the demand, the price of the crop will fall heavily. The farmer will have no advantage of the good crop and vice-versa.
Prices for in-demand cash crops are set in commodity markets. Therefore, small farmers relying of the crop will suffer low prices if a bumper crop is in excess elsewhere.
crops that are continuously in demand. include wheat ,barley, and oats.
Corn
The cash crop of Jamestown was tobacco ( I am not sure ) I don't know the 2nd part.
WOULD YOU LIKE TO EXPLAIN WHAT IS LARGE CROP YIELDS
corn
The main crop of poor subsistence farmers in the South was cotton. Cotton was a vital cash crop for these farmers, as it could be sold for profit and was in high demand for textiles.
It was their only crop! And it seemed to be in unlimited demand all over the world. It accounted for half the exports of the USA.
If the demand is low, the price of the crop will decrease due to surplus supply
tobacco in Virginia and also cotton
If we grow a crop continuously in the same field for many years, it results in to various problems such as 1) deficiency of same types of nutrients and 2) build up of diseases and insect-pest. So crop rotation is used as a system of growing a sequence of different crops on the same ground so as to maintain or increase its fertility.
If we grow a crop continuously in the same field for many years, it results in to various problems such as 1) deficiency of same types of nutrients and 2) build up of diseases and insect-pest. So crop rotation is used as a system of growing a sequence of different crops on the same ground so as to maintain or increase its fertility.
If we grow a crop continuously in the same field for many years, it results in to various problems such as 1) deficiency of same types of nutrients and 2) build up of diseases and insect-pest. So crop rotation is used as a system of growing a sequence of different crops on the same ground so as to maintain or increase its fertility.