The government or statutory boards regulate the sale, pricing, and distribution of certain commodities.
The “best” notes always highlight these four characteristics because they explain why agricultural marketing costs are higher than industrial goods. agricultural marketing notes grade 12 best
The government plays a significant role in agricultural marketing to correct market failures, ensure food security, and protect the interests of both farmers and consumers. The government or statutory boards regulate the sale,
: As the price of a good increases, the quantity demanded decreases, assuming all other factors remain equal. Curve : Slopes downward from left to right. ensure food security
Protecting goods during transit and making them attractive to consumers. Facilitating Functions
: Droughts, floods, and frosts drastically reduce crop yields.