(a) State and discuss briefly four factors of production in Agriculture
(b) List four functions of a farm manager.
(a)
Four factors of production in agriculture are:
Land: This refers to the natural resources such as soil, water, air, and vegetation required for crop production, livestock rearing, and other agricultural activities.
Labor: This refers to the human resources required to carry out agricultural activities such as planting, weeding, harvesting, and managing livestock.
Capital: This refers to the financial resources required to purchase inputs such as seeds, fertilizers, pesticides, and machinery necessary for agricultural production.
Entrepreneurship: This refers to the management skills required to organize and coordinate the other factors of production to achieve a profitable and sustainable agricultural enterprise.
(b)
Four functions of a farm manager are:
Planning: A farm manager must plan and organize the activities of the farm to ensure that resources are allocated efficiently and effectively to achieve the desired goals.
Decision Making: A farm manager must make informed decisions regarding the purchase of inputs, planting schedules, crop management, livestock rearing, and marketing strategies to maximize profitability.
Risk Management: A farm manager must identify and manage risks associated with agricultural production such as weather, pests, diseases, and market fluctuations to ensure the sustainability of the farm.
Human Resource Management: A farm manager must recruit, train, and manage the human resources required for agricultural production to ensure that labor is used efficiently and effectively.
Answer Details
(a)
Four factors of production in agriculture are:
Land: This refers to the natural resources such as soil, water, air, and vegetation required for crop production, livestock rearing, and other agricultural activities.
Labor: This refers to the human resources required to carry out agricultural activities such as planting, weeding, harvesting, and managing livestock.
Capital: This refers to the financial resources required to purchase inputs such as seeds, fertilizers, pesticides, and machinery necessary for agricultural production.
Entrepreneurship: This refers to the management skills required to organize and coordinate the other factors of production to achieve a profitable and sustainable agricultural enterprise.
(b)
Four functions of a farm manager are:
Planning: A farm manager must plan and organize the activities of the farm to ensure that resources are allocated efficiently and effectively to achieve the desired goals.
Decision Making: A farm manager must make informed decisions regarding the purchase of inputs, planting schedules, crop management, livestock rearing, and marketing strategies to maximize profitability.
Risk Management: A farm manager must identify and manage risks associated with agricultural production such as weather, pests, diseases, and market fluctuations to ensure the sustainability of the farm.
Human Resource Management: A farm manager must recruit, train, and manage the human resources required for agricultural production to ensure that labor is used efficiently and effectively.