Asked by Scott Nguyen on Jul 14, 2024

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Verified

Agricultural price supports have been criticized because they

A) hasten the exodus of labor from agriculture.
B) subsidize consumers at the expense of farmers.
C) help large-scale farmers rather than small farmers.
D) create product shortages.

Agricultural Price Supports

Government interventions to stabilize or increase agricultural commodity prices through mechanisms such as subsidies, minimum price settings, or purchasing surplus.

Large-Scale Farmers

Farmers who operate extensive areas of land and generally engage in high-volume production of crops or livestock.

  • Evaluate the consequences of agricultural subsidies and price supports for farmers and taxpayers.
  • Explore the influence of agricultural policies on the financial performance and efficiency of farms.
verifed

Verified Answer

CA
Crystal AguirreJul 20, 2024
Final Answer :
C
Explanation :
Agricultural price supports often benefit large-scale farmers more than small farmers because larger operations can produce more and thus receive more support, exacerbating economic disparities within the agricultural sector.