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Why do small farmers suffer during inflation? - Economics

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Question

Why do small farmers suffer during inflation?

Short/Brief Note
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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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Chapter 13: Inflation - Exercise [Page 200]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 13 Inflation
Exercise | Q 13. | Page 200
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