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Wiki🌾 Agricultural EconomicsFactors Affecting Agricultural CompetitivenessFlashcards

Flashcards on Factors Affecting Agricultural Competitiveness

Factors Affecting Agricultural Competitiveness: A Student's Guide

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What is agricultural competitiveness and what does a competitive agricultural sector need to compete locally and globally?

Agricultural competitiveness is the ability of the agricultural sector to compete in markets. It needs efficient infrastructure, innovation, skilled l

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Agricultural Competitiveness

8 cards

Card 1

Question: What is agricultural competitiveness and what does a competitive agricultural sector need to compete locally and globally?

Answer: Agricultural competitiveness is the ability of the agricultural sector to compete in markets. It needs efficient infrastructure, innovation, skilled l

Card 2

Question: How does market size affect agricultural competitiveness?

Answer: Larger markets allow producers to sell more products and achieve economies of scale, improving competitiveness (example: South Africa exporting citrus

Card 3

Question: How does innovation and technology influence competitiveness in agriculture?

Answer: Innovation and technology improve productivity and lower costs (example: precision farming technology).

Card 4

Question: Why are education and skills important for agricultural competitiveness?

Answer: Skilled farmers use resources more efficiently and apply better farm management techniques, increasing competitiveness.

Card 5

Question: How does infrastructure affect agricultural competitiveness?

Answer: Good roads, ports, electricity and storage facilities improve competitiveness by enabling efficient transport and reducing losses; port delays reduce

Card 6

Question: How do government policy and subsidies influence agricultural competitiveness?

Answer: Government policy, subsidies, trade policy and regulation affect competitiveness by shaping support and market access (example: export regulations can

Card 7

Question: How do input costs impact agricultural competitiveness?

Answer: High input costs, such as expensive fertiliser and feed, reduce competitiveness by increasing production costs.

Card 8

Question: What role does labour productivity play in agricultural competitiveness?

Answer: Higher labour productivity means more efficient labour and improved outputs, enhancing competitiveness.

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