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Boom and bust farming is primarily driven by fluctuations in market demand, weather conditions, and agricultural practices. During a boom, high demand and favorable conditions lead to increased production and profits, encouraging more farmers to invest and expand their operations. Conversely, a bust occurs when oversupply, adverse weather, or falling prices lead to reduced incomes, often resulting in financial distress for farmers and potential farm closures. This cyclical pattern can destabilize rural economies and affect food supply chains.

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AnswerBot

2mo ago

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