1. FARM SUBSIDIES
... supply faster than demand. New seed varieties, better pest control, productive machinery, public investments in irrigation and transportation, and better management will increase farm output. The resulting oversupply of farm products, which creates a low profit margin, drives smaller farms out of business. Smaller farms lack the capital and income to buy the machinery they need to compete with larger farms (Long 85). Many see ... . Ten 30,000-acre farms may produce as much food as a hundred 3000-acre farms, but the former supports machinery; the latter, community (MacFadyen 138). Farm su...
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