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S2 Ep1: Are there too many farms in the world?

VoxDev Development Economics

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A 68 % Increase in Income Per Worker in Agriculture

In the history of the world, we have actually never seen a natural market driven increase in scale and a consolidation of farms. The ushape, in a sense, explains why this is true. In india, more or less, property rights ore well protected. People's farm sizes are registered. There is a market. And would this the hypothetical smaller number of farms produce as much food? Not only as much, but actually more.

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