Explain the concept of ‘commercialisation of agriculture’ and the factors that contributed to its erosion during the period of 1900s.
The concept of 'commercialization of agriculture' refers to the transition of agricultural practices from subsistence farming, where crops are primarily grown to meet the immediate needs of a family or community, to a more market-oriented approach where agricultural production is intended for sale in local, national, or international markets. This transformation involves the increased reliance on cash crops, modern technology, and market-driven decision-making.
During the 1900s, the process of commercialization of agriculture gained significant momentum in various parts of the world, including Europe, North America, and some parts of Asia. However, this process also faced several challenges that contributed to its erosion. Let's explore the factors that led to the erosion of the commercialization of agriculture during this period:
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Global Economic Turmoil: The early 20th century witnessed two World Wars and economic depressions that disrupted international trade and markets. These events led to fluctuations in commodity prices, making it difficult for farmers to rely solely __________ ___ ________ __________ _____ _________ __________ ___ _____ __________.
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