Answer to Question #256235 in History for Princess

Question

Write a reaction paper with not more than 300 words consisting of three paragraphs about the achievements of the different administrations and land reform.

Answer 1

A purposeful change in the way agricultural land is held or owned, the methods of cultivation used, or the relationship of agriculture to the rest of the economy is known as land reform. These kinds of reforms can be announced by the government, by interested groups, or by revolution. Land reform has taken on different meanings over time, depending on the various services that land has served: as a factor of production, a store of value and riches, a status symbol, or a source of social and political power. One of the most significant effects of land reform is that it has prepared the path for the transition from subsistence to commercial farming. Large farmers are leasing land from small growers as a result of commercial and technological agriculture.

Land value reflects its relative scarcity, which in a market system is usually determined by the ratio of usable land to the population of that area. The relative value of land grows as the per capita land area decreases, and land becomes a source of conflict among economic and social groupings within the community.

Many improvements and reforms may be required in sectors outside of agriculture's direct realm, such as credit, marketing, and education. Reform attempts may be ineffective unless the farmer is able and willing to take advantage of new prospects and his produce can be sold economically. Inexpensive or inaccessible loans, as well as high middleman fees, raise the relative costs of farming. As a result, monitored credit, subsidies, and low-interest loans to supplement conventional sources of credit have been prevalent, and credit and marketing cooperatives, as well as market regulation, have been utilized to safeguard farmers against middlemen abuse.