« previous next »

Author Question: What is the technological treadmill, and why has this proven to be a challenge for farmers in ... (Read 53 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Aug 7, 2018
What is the technological treadmill, and why has this proven to be a challenge for farmers in marginal areas in the North American heartland during the past two and a half decades or so?
 
  What will be an ideal response?

Question 2

What are at least three examples of types of economic production in the primary sector of the North American economy?
 
  What will be an ideal response?


huda

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Aug 7, 2018
Answer to Question 1

Farmers are always trying to increase their yields per acre or decrease their costs per acre in order to increase their profits. They do this through technological innovation. However, increasing yields result in larger and larger supplies of crops, which depresses prices. As prices drop, farmers are forced by falling profits to invest in new innovations. The technological treadmill has resulted in higher and higher yields per acre and larger farm sizes, while forcing less successful farmers into bankruptcy.

Answer to Question 2

The primary sector includes industries involved in extractive resources from the natural environment. Examples of primary sector industries include farming, ranching, mining, logging, and fishing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

The West Bank Challenge The West Bank Challenge
Approximately 40 percent of farmers in the United States are 55 years old or older Approximately 40 percent of farmers in the United States are 55 years old or older
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
Farmers use pesticides on food crops to diminish the damage from pests Farmers use pesticides on food crops to diminish the damage from pests
Neutral Technological Change Neutral Technological Change
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
Video: The Nerve Impulse

For a complete list of videos, visit our video library