What has been the effect of the outmigration of people from farming and the consolidation of smaller farms into larger ones on net farm income per farm household?

Question

Quizplus · Accepted Answer

The consolidation of smaller farms into larger ones and the outmigration of people from farming typically leads to increased efficiency and productivity on the remaining larger farms. This can result in higher net farm income per farm household, as these larger operations can benefit from economies of scale, more significant investments in technology, and potentially better access to markets, thus increasing their income relative to nonfarm incomes.

What Has Been the Effect of the Outmigration of People