Answered You can buy a ready-made answer or pick a professional tutor to order an original one.

QUESTION

Assignment #5 (The graph is in the attached document to view)1. Explain the following terms: subsistence farming, shifting cultivation, Latifundios and minifundios.2. How would you define ‘land Gin

Assignment #5  (The graph is in the attached document to view)

1. Explain the following terms: subsistence farming, shifting cultivation, Latifundios and minifundios.

2. How would you define ‘land Gini’? Explain why land Gini is so much higher in Latin America, compared to Asia.

3.  Distinguish between a tenant farmer and a sharecropper. Whose exposure to risk is greater and why?

4. The graph, drawn above, shows the average product of labor and the marginal product of labor applied on a fixed resource, like land. Explain why the resource is overused (Lc labor units are applied on the resource), if it is a common property but it is properly used (L* labor units are applied on the resource), if it is privately owned.

Show more
  • @
  • 152 orders completed
ANSWER

Tutor has posted answer for $20.00. See answer's preview

$20.00

********** #5 **** ***** is in *** ******** document ** ******** ******* *** ********* ****** *********** ******* ******** cultivation Latifundios *** ********************** ******************* farming ** ******* but *** self- ********** ******* ***** *** ******* produce ****** food ** feed ********** and their ****** *************** ******************** *********** ** ** ************ system ***** the ****** **** * ***** ** land temporarily grow *** ***** there *** **** ********* *** **** *** **** ** **** allowed for natural vegetation ***** *** ********** moves ** ******* **** This ****** ** mostly ***** ** tropical ********* **** **************** *** **************** ** * ****** **** tenure system ********* in **** ******* **** **** **** ****** ****** ** characterized ** some ***** ********** ******* (more than 500 ********* *** **** small ***** ***** **** * ********* Minifundios *** usually cultivated by ***** *** indigenous ******* *** *** mainly *********** ******** ***** *********** *** would you define ******* ******** ******* *** land **** is so much ****** in ***** ******* compared ** ******** **** ** **** **** ***** ** * **** through which *** *********** of **** use ********* can be assessedThe Gini coefficient *** **** Gini ** ************* **** ** Latin ******* ******* to Asia and ***** countries The **** Coefficient for **** distribution ** o58 *** ***** *** **** than ** *** ***** Latin ******** countries **** ****** ********* ******* or Argentina This ** **** ****** than **** ***** *** Gini *********** for **** use ** **** than ***** ************ ****** ** ***** America ** ************* ** ***** and ****** **** ******* ***** most ** *** agricultural output ** *********** by ****** *** large ***** This ***** the **** **** ************* **** for ***** ******* ******** the economy ** characterized by high degree ** ************ **** Anderson ‎Alberto Valdés 2008) 3 *********** ******* * ****** farmer *** * ************ Whose ******** ** **** ** greater *** ********** ******* *** sharecropping are *** ***** ** *********** ******* ****** In **** ** ***** cropping the ********* provides *** land ** *** ****** ****** *** *** ************** ** *** ****** ** ** grow *** ***** *** ***** ** ******* between *** **** owner *** *** farmer in a *** ******** ratiosIn **** ** tenant ******* *** ********* ******** *** **** *** ********* the capital *** ****** ****** resides ** *** **** ***** *** **** *** takes the ****** ** ****** *** ****** has ** *** ************** **** or share ** **** ** the **** ******* *** ** *** **** ** ********* *** tenants are more exposed ** risk ** ****** ******* In **** ** ***** cropping any ************ ** ********** affect **** *** ****** *** *** **** ***** But in ****** farming *** ******* **** ** bear *** ***** **** ******* the ********* ******** **** ********** ****** ** **** or *** for *** land4 *** ***** ***** ***** ***** the ******* ******* ** ***** *** *** ******** ******* of ***** applied ** a fixed ******** **** **** ******* *** the ******** ** ******** *** labor ***** *** ******* ** *** ********* ** ** ** * ****** property *** ** is ******** **** *** ***** ***** *** ******* ** *** ********* ** ** ** ********* *********** property popularly known ** *** **** access ******** ** characterized ** *** ******* ** ********** Since there *** ** ************ property ****** *** ** *** **** the basic ******** ****** *** use ** ******* ** a classic example ** ****** ******** ******** ** case ** fishery **** *** more ***** **** enter industry; both the number ** fishes *** *** ***** marginal ******* **** ***** declining *** ********* ** enter **** ******** ***** ******* revenue ***** ***** *** marginal **** ** operating * **** In *** above graph **** **** ******** until ** ******* ** ** **** ***** ** ******* of *** ****** ********* overfishing ultimately destroys both *** ***** ** **** as **** ** *** ************* ** all *** boat ********* **** ** ***** ** ******* ** ******* ** ************ ** **** of ********* owned property it will ** **** ***** ******** product ******* ***** ** *** ******** resource **** ** the wage rate *** ****** ** the ***** ** L* ***** ****************** ******** ********** ************* *********** ** ************ ********** ** ***** ***************************************************************** Between ************* *** ****** ******* *********************************************************************************************************** Resources *** Public Goods ****** pp ****************************************************************

Click here to download attached files: ANSWER (53).docx
or Buy custom answer
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question