Common Agricultural Policy – Aims, Costs, Benefits

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Common Agricultural Policy – Aims, Costs, Benefits

Why Subsidise ? The declining income of farmers. With increased income in the economy the proportion spent on is low. The YED of food is low. Therefore farmers lose out during economic growth. Positive Externalities of farming. If farmers go out of , rural communities will suffer.

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SOURCE: Farmer & Cowboy Agriculture Businesses – Agriculture

NOTE: Agriculture businesses in the UK play a crucial role in the nation’s economy, environment, and society. By understanding the political, social, and economic dimensions of the agricultural sector, farmers and agribusiness owners can navigate challenges and seize opportunities to build resilient, sustainable, and profitable operations.

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