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Creating three separate budgets—operating, cash flow, and capital expenditure—is crucial for farmers as it helps them manage their finances effectively. The operating budget allows for detailed planning of day-to-day expenses and income, ensuring operational efficiency. The cash flow budget aids in monitoring liquidity, helping farmers anticipate shortages or surpluses. Lastly, the capital expenditure budget facilitates long-term planning for investments in equipment and infrastructure, ensuring sustainable growth.

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How is fair trade beneficial?

it helps the farmers so they can buy seeds and it goes back to the farmers so they can create more food for us


How does the US contribute to global inequality?

Protecting its own farmers by subsidizing them makes it more difficult for farmers (e.g. in Africa0 to sell (export) their goods. This may create global inequality.


How did farmers alliances help poor farmers help poor farmers keep their farms?

Farmers' alliances provided poor farmers with a collective voice and organized support to address economic challenges, such as low crop prices and high shipping costs. They facilitated access to cooperative buying and selling, enabling farmers to purchase supplies at lower prices and sell their crops directly to markets, bypassing exploitative intermediaries. Additionally, these alliances advocated for political reforms, including better access to credit and regulation of railroads, helping to create a more favorable environment for small farmers to maintain their livelihoods.


Why do you think the formation of farmers cooperatives was not sufficient to deal with farmers economic woes?

The formation of farmers cooperatives, while beneficial in promoting collective bargaining and resource sharing, often fell short in addressing the broader economic challenges faced by farmers. These cooperatives sometimes lacked sufficient capital, market access, or negotiating power to effectively compete with larger agribusinesses. Additionally, issues such as fluctuating commodity prices, climate change, and inadequate infrastructure further complicated their ability to stabilize farmers' incomes and improve their economic conditions. Ultimately, systemic changes and supportive policies were often necessary to create a more sustainable economic environment for farmers.


How was the agricultural adjustment at meant to help farmers?

The Agricultural Adjustment Act (AAA) was designed to help farmers by reducing crop production to raise prices and improve their income. By paying farmers to limit the amount of land they cultivated or to destroy surplus crops, the AAA aimed to address overproduction, which had driven prices down during the Great Depression. This approach sought to stabilize the agricultural economy and ensure that farmers could sustain their livelihoods. Ultimately, the goal was to create a more balanced supply and demand in the agricultural sector.

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How is fair trade beneficial?

it helps the farmers so they can buy seeds and it goes back to the farmers so they can create more food for us