Kalkuhl et al. (2016) studied the effects of food price fluctuations on small-scale farmers. According to the analysis, local farmers are especially vulnerable to changes in food prices because they frequently need more tools and expertise to manage these changes. The case suggests that by promoting price stability and supplying more dependable markets for small-scale farmers' crops, policies and interventions focused on lowering food price fluctuations can benefit them. These policies could entail boosting financial support for small-scale farmers through trade policies, expanding access to banking services, and increasing investments in agricultural research and development. Based on the passage above give a short explanation of what the passage intends for the reader?
Kalkuhl et al. (2016) studied the effects of food price fluctuations on small-scale farmers. According to the analysis, local farmers are especially vulnerable to changes in food prices because they frequently need more tools and expertise to manage these changes. The case suggests that by promoting price stability and supplying more dependable markets for small-scale farmers' crops, policies and interventions focused on lowering food price fluctuations can benefit them. These policies could entail boosting financial support for small-scale farmers through trade policies, expanding access to banking services, and increasing investments in agricultural research and development. Based on the passage above give a short explanation of what the passage intends for the reader?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Kalkuhl et al. (2016) studied the effects of food price fluctuations on small-scale farmers. According to the analysis, local farmers are especially vulnerable to changes in food prices because they frequently need more tools and expertise to manage these changes. The case suggests that by promoting price stability and supplying more dependable markets for small-scale farmers' crops, policies and interventions focused on lowering food price fluctuations can benefit them. These policies could entail boosting financial support for small-scale farmers through trade policies, expanding access to banking services, and increasing investments in agricultural research and development.
- Based on the passage above give a short explanation of what the passage intends for the reader?
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