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Question

Modern farming methods require a great deal of __________.


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Solution

Modern farming methods requirement:

  1. Modern farming methods such as using HYV pesticides require large capital so the farmer needs more money than before.
  2. It is not easy for small farmers to raise such capital for the following reasons.
  3. Small farmers have to borrow money to manage capital.
  4. Farmers borrow this money from big farmers or rich people or city traders, these people give various inputs to small farmers for farming.
  5. Farmers take these loans, but the interest rate on this type of loan is very high.
  6. They have great difficulty in repaying the loan due to higher interest rates after taking the loan.

Final answer: Modern farming methods require a lot of money.


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