Agriculture Must Change
In the previous chapter a few of the recent changes in agriculture in the industrial countries were described. The purpose was primarily to emphasize the rapidity with which agriculture has adjusted in the period since World War II. It was shown that the organization of agriculture in Western Europe, North America and Oceania was capable of large and numerous adjustments to changing conditions and that many of these adjustments were made with remarkable speed. The chapter was also intended to make clear that policy-makers who fail to recognize the speed of adjustment that is possible in modern agriculture do so at considerable risk. Policies that are based on the assumption that agriculture is relatively static and subject to slow rates of change will have a series of effects that are largely unintended and undesired and the policies will become far more costly than anticipated.
KeywordsIndustrial Country Capita Income Farm Product Income Elasticity Farm Worker
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Notes and References
- 2.H. Schmidt and L. Grunewald, Aggregation of Future Demand and Supply of Agricultural Products in the European Economic Community, 1970–75 (Munich: IF O-Institut für Wirtschraftsforschung, 1969), Tables 4–4, 4–5 and 4–6.Google Scholar