From 1950 to 2011 the number of people who lived on farms fell from 23 million to fewer than 3 million? Which of the following factors have contributed to this trend?
A)increases in the cost of farming and a desire for young adults to move to urban areas
B)rapid growth in farm production and low income and price elasticities for food products
C)slow growth in agricultural productivity and low income elasticities for food products
D)government policies that have increased the cost of living and working on farms

Question

Quizplus · Accepted Answer

The rapid growth in farm production has led to fewer people needed on farms, while low income and price elasticities for food products mean that demand doesn't increase significantly with income, reducing the need for a larger farming population.

From 1950 to 2011 the Number of People Who Lived