Farmers buy many goods such as tracors,pumpsets,electricity,pesticides and fertilizers. Imaginewhat would happen if theprice of fertilisers or pumpsets go up. Cost of cultivation of the farmerswill rise rise and their profits will be reduced. What does this show?
This shows the following:
a. A farmer who belongs to agricultural sector or primary sector is dependent on the secondary sector or the industrial sector for various inputs.
b. This example shows the interdependence of the primary and secondary sector on each other.
c. For instance , agricultural sector serves as the raw material for major segment of industries, for example cotton and how industrial sector that produces machinery like tractors, pump sets are used as inputs by the agricultural sector. If their price goes up, it increases the cost of cultivation and impacts agrarian sector.
a. A farmer who belongs to agricultural sector or primary sector is dependent on the secondary sector or the industrial sector for various inputs.
b. This example shows the interdependence of the primary and secondary sector on each other.
c. For instance , agricultural sector serves as the raw material for major segment of industries, for example cotton and how industrial sector that produces machinery like tractors, pump sets are used as inputs by the agricultural sector. If their price goes up, it increases the cost of cultivation and impacts agrarian sector.