An analysis of the economic systems in an organized communities mix

The Maldives is one of the world's poorest developing countries.

An analysis of the economic systems in an organized communities mix

Inevitably such an approach leads to a plethora of farm types. A different approach is taken here. Emphasis is on farm-system structure from a farm management and farm-household perspective with classification based on: From such a structural viewpoint there are basically six major types of farm system to be found in Asia and elsewhere around the developing world with dozens of subtypes constituting a continuum of farm types between the extremes of a totally subsistence to a totally commercial orientation.

The six basic farm types are: Small subsistence-oriented family farms. Small semi-subsistence or part-commercial family farms, usually of one half to two hectares, but area is not a good criterion: Small independent specialized family farms.

Small dependent specialized family farms, often with the family as tenants. Large commercial family farms, usually specialized and operated along modified estate lines.

Commercial estates, usually mono-crop and with hired management and absentee ownership. Each of the six farm types is now discussed in turn. Small subsistence-oriented family farms There are two main subtypes.

First, and of lesser numerical importance, are those based on only one or two crops or livestock types e. Some farms of this subtype are based more on exploitation or management of a local natural resource - in the extreme case, by use of shifting cultivation or by nomadism - than on deliberate choice of their main farm enterprise e.

However, the main group of Asian subsistence-oriented farms is based on a wide range of crops and animal types. This second subtype is of necessity more highly mixed than are Type 2 part-commercial farms. Farms which are completely self-sufficient are rare, but self-sufficiency remains the operating objective and, if forced by circumstances, farms of this type could exist in isolation from the outside world.

Mixed Economic System

The structure of a Type 1 farm is exemplified in Figure 2. The focus for evaluation and analysis of Type 1 farms is the household rather than the farm component of the system. However, Type 1 farms have most of the characteristics of Type 2 farms and these are discussed below in relation to this latter type.

Small semi-subsistence or part-commercial family farms This type is predominant throughout South and South East Asia in terms of the number of such units, the large number of people supported by them and the total volume of their production - especially of basic foodstuffs.

Such cash is obtained primarily by sale of commodities which are surplus to family requirements, and secondarily - where this is possible - by production and sale of some cash crop raised specifically for this purpose.

An analysis of the economic systems in an organized communities mix

The comparative operating objectives of this and other farm types are discussed in Chapter 6. Type 2 farms can be further classified according to geographical occurrence e.A mixed economic system is a system that combines aspects of both capitalism and socialism.

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2. Economic Systems. Four Basic Types. Economic System An organized way in which a state or nation allocates its resources and apportions goods and. Pre-Social Security Period.

Traditional Sources of Economic Security.

All peoples throughout all of human history have faced the uncertainties brought on by . All forms of economic production and exchange involve the use of energy directly and in the transformation of materials. Until recently, cheap and seemingly limitless fossil energy has allowed most of society to ignore the importance of contributions to the economic process from the biophysical world as well as the potential limits to growth.

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