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Farmers' income was crucial to industrialization as it provided the necessary capital for investment in emerging industries. Higher incomes allowed farmers to purchase manufactured goods, creating a demand for industrial products. Additionally, prosperous farmers could invest in infrastructure, such as railroads, which facilitated the movement of goods and resources. Overall, a thriving agricultural sector supported the growth and sustainability of industrial economies.
What else can I help you with?
What were causes of economic difficulties for farmers during the 1920s?
industrialization(:
Explain the importance of national income?
importance of national income.
What is the importance of farmers?
Farmers are important because they grow the food that everyone eats!
The industrialization of a country involves an economic switch away from a based economy?
Industrialization is usually associated with a greater average income and improved living standards.
Which was not a cause of the economic difficulties for farmers during the 1920s?
Industrialization indostrailisim Drought rising crop prices
What were causes of economic difficulties for farmers during the 1920s?
industrialization(:
Industrialization through SEZ is not a boon for Indian poor?
farmers land is grabbed farmers land is grabbed
Why were many farmers moving to the cities?
Many farmers were moving to cities in search of better economic opportunities, as urban areas often provided more stable income and access to services. Industrialization also made farming less profitable, leading some farmers to seek alternative livelihoods in urban areas.
Explain the importance of national income?
importance of national income.
Is industrialization good?
Yes, industrialization is good. It leads to higher development, a higher standard of living, a larger income, etc. (typically).
What is the importance of farmers?
Farmers are important because they grow the food that everyone eats!
From where do farmers obtain the inputs that they require?
farmers obtain their inputs from the markets with their surplus income.
Which of these groups of people were least likely to benefit from industrialization?
Children working in coal mines
Who benefited most from northern industrialization?
Farmers and other lower class individuals. Due to the northern industrialization period a middle class was created causing the economy to begin to prosper
Some technologies like pesticides have a number of negative effects. Which is a negative result of this technology?
rural farmers may lose their income
The industrialization of a country involves an economic switch away from a based economy?
Industrialization is usually associated with a greater average income and improved living standards.
Which was not a cause of the economic difficulties for farmers during the 1920s?
Industrialization indostrailisim Drought rising crop prices
