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farmers need credit for purchasing seeds fertilizer,insectisides nd pestisides etc for the bettrmnt of their crops.....

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by H.J.

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13y ago

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What is the classification of credit according to purpose or use?

a) investment credit- capital are on credit first; more on buying properties (lots). b) agricultural credit- for farm improvement (usu. farmers only); loan for acquisition of farm utilities. c) export credit- 4 parties: exporter, local bank, importer and local bank of the importer; need capitalization; payment is only bank to bank. d) real estate credit- same with investment but limited to house and lots. e) industrial credit- for purposes of mining, fishing, factories (usu. businessmen); excludes farmers.


What was the system that enabled storekeepers to extend credit on small farmers' crops and thus keep them permanently in debt?

The Crop-Lien System enabled storekeepers to extend credit on small farmers' crops, which kept them permanently in debt.


What is non-supervised credit?

The agriculture credit given to farmers for agri-development with out any guidence and supervision regarding use of loans


How biogas can supply farmers with energy they need?

by the forms of energy the biogas supply farmers with the energy they need.


What was a result of the stock market farmers problem and the overuse of credit?

the country entered into a depression


What kind of problems did the farmers face after world war 1?

Following World War I, farm production was down in Europe, in the United States President Hoover encouraged the farmers to step up production. Prices increased and farmers used credit to purchase more land and equipment to take advantage. However, the easy credit resulted in the crash, and prices began to plummet. The actual depression caused even more of a drop, prompting the need for government programs.


What action did farmers take when they bought equipment on credit and were unable to pay their loans?

They sold equipment


Is good credit required to get a quitclaim deed transfer?

You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.


Do farmers in Victoria need help?

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Need to get a reepo off my credit report?

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What is farmer's FCS?

The Farmer Credit System (FCS), not formally a government agency even though it is sponsored by the USDA, provides credit and related services to wheat farmers.


What was the result of the stock market crash Farmers problems and the overuse of credit?

The country entered into a depression (apex)