Establish the difference between Commercial farming and Subsistence farming with the help of a suitable example.
Answers (1)
The difference between subsistence and commercial farming can be elaborated on the basis of following premises:
Subsistence farming is a system of farming that aims at growing that much amount of crops that fulfils all or almost all the needs of the farmer and his family, with little to no excess produce for marketing. Commercial Farming is the farming method in which crop production and cattle rearing are performed with an intention to sell the produce in the market.
Commercial Farming - Use of higher doses of modern inputs like HYV seeds, fertilizers, etc. Subsistence Farming - Is practiced on small patches of land
Due to high labour inputs are required in subsistence farming, it is a labour-intensive technique. On the contrary, in commercial farming, huge capital investment is required, and that is why it is a capital-intensive technique.