This further puts a financial burden of rural communities who see their agricultural activities slowly disappear in favor of cheaper imports from China, South America or the like. As s result, rural economies are often very fragile and lack the robustness of the industrialized urban
If we fail to do farming in our land, people speak badly about us; hence, many farmers do agriculture to endure their cachet in their society.” He fraught, “In Kattupalayam, Nellore and many places in Tamilnadu where agriculture is primary in past days have already extinct due to famine of farmers.” Mostly the families working in agriculture field in villages are found to be not educated as their desire and generation occupation is to do agriculture, they are mostly not aware of the schemes that are provided to them. Even if they are aware, they are not getting it. If this continues, slowly the farmers who depend only on farming might fall to below poverty line which automatically pushes them not to depend on agriculture which might improve the deduction of agriculture land. This instantly increases the price of food
Among the causes of rural poverty are a decline in the productivity and profitability of farming, smaller farm sizes and unsustainable practices that have led to deforestation and depleted fishing waters. Rural areas lag behind in economic growth and they have higher underemployment. This is partly because poor people have little access to productive assets and business opportunities. They have few non-farm income-generating activities, and people lack access to microfinance services and affordable credit. Some vulnerable groups also face specific problems.
The high classes that could afford to buy these goods had already bought them and the low classes couldn't afford them, even with the high discounts the company made to sell them. Besides, due to the loss of the export market, the industries could only sell inside the US. Prices went down and people still wouldn´t buy the overproduced goods, so companies lost loads of money. If some of this money came from the bank, the owners couldn't afford to pay their loans and the banks lost that money. For example, farmers overproduced goods that nobody bought, and, if they couldn't pay their loans, the bank would take their land away.
–contributor of Forbes- says ‘communication can mean the difference between your business succeeding or failing’ what implies that companies are not likely to trade in inner Spain. If unemployment rates are high, the families will not settle in these rural areas. It is kind of a cycle; schools are closing because companies do not produce in the Plateau because there are not good roads to communicate. According to this idea, the lack of infrastructures is causing health, demographic and economic problems in the
Since, the level of development in certain areas is imbalanced. The main reason for development failure is due to lack of capable manpower. Normally, the youth leave their original areas of birth, for the big cities in search for greener pastures such as employment. In the village, the old, and young and in most cases the sick are left behind. With none to take care of them and consequently the society is at the risk of dying out.
The effect of the merchant economy during the 17th century on the peasants was rough. In this century, peasants were not treated fairly: “taxes rose substantially, while the profits they made on their land did not. Landowners, who had less and less personal connection with the peasants on their land, tried to squeeze as much as possible out of them”(Lecture Notes, Nadelhaft). The common people lived in poverty and were squeezed of all the money they had, by either the government or the landowners. They held the worst, low paying jobs if they had jobs at all.
Contextual background along with outdated technology shows how Ndotsheni is falling apart. The location of Ndotsheni can be difficult to modernize, as the land around it depends on the villagers. There are not many shortcuts or easier ways the villagers can take to farm or educate children. This leads to people leaving the village, causing the hills around them to fall apart, making it and Ndotsheni uninhabitable. Racial tension and old vs new are some themes present in the book that with the setting, show the positive and negative changes of the
In fact many of the poor people are deprived of basic needs like food, shelter and cloths. High inflation rate not only reduces the purchasing power of people but reduces their living standard and their savings are decreased hence they remain poor. Moreover the health and education of their children is affected as with their wages they can only purchase basic needs. In short inflation combined with being poor is