Answer to Question #245859 in Microeconomics for Pragya jain

Question

Assume that you are from any one of following family how can you utilise the limited resources to fulfill your need
a)Family Farm
b)Petty Shopper
c)Flower Vendor

Answer 1

The family farm is the correct answer.

Family farming is characterized by small farms which are family-operated and make no or limited use of non-family hired labor. It provides culturally appropriate foods, more healthy foods are provided, and foods that are diversified. These foods are grown in both developed and developing countries and generate both on- and off-farm employment opportunities hence helping the growth of rural economies.