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Why Do Small Farmers Suffer During Inflation? - ICSE Class 10 - Economics

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Question

Why do small farmers suffer during inflation?

Solution

Small farmers suffer during inflation because the major portion of their produce is not marketed but instead is kept for self-consumption. They also purchase inputs such as seeds, fertilisers and insecticides at higher prices during inflation.

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Solution Why Do Small Farmers Suffer During Inflation? Concept: Factors of Production Land.
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