Basic Agriculture Economic Assignment, SU, Malaysia

Agriculture has always been one of the most important economic sectors in our country. Despite its relatively small contribution to Malaysia’s gross domestic product, the importance of the agriculture sector to the country is crucial. Our agriculture sector is predominantly consisting of smallholder or small-scale farmers.

Financial constraint is one of the problems that small-scale farmers faced in order for them to survive in the business. These farmers normally rely a lot on the government to help them in running their farms. High production costs and low selling prices cause them to not be able to generate much income. This final assessment requires you to choose one (1) agriculture-related business and analyze the cause and impact of rising production cost and their survival tactics to persevere in the business.