ECON 2101 Lecture Notes - Lecture 1: Social Evolution

39 views2 pages
17 Apr 2018
School
Department
Course

Document Summary

About how fluctuations in price effect agriculture and the use of lands. Priso(cid:374)er"s dile(cid:373)(cid:373)a: addi(cid:374)g o(cid:374)e sheep does(cid:374) t effect the la(cid:374)d. if everyo(cid:374)e adds o(cid:374)e sheep, it does. Small communities are being entirely eliminated, abandoning the land and moving to the city. The price of grain and more specifically, the price of agricultural output: the ratio of that price to price of bread and butter. Technology went from being widely spread to more regionalized. Different methods that they can use in the fields. Let the fields go fallow for every so many years. Large, villa-sized farms are starting to break down. Smaller farms are becoming more productive and efficient. Large farmers (tenant farming) have to give away some of what they make to surfs, less excess to sell. Small farmers that sell to the market can incentive to make more to sell more.

Get access

Grade+
$40 USD/m
Billed monthly
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers

Related Documents

Related Questions