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marin [14]
4 years ago
9

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985. (ii) Explain the principal agricultural pract

ices/technologies associated with the green revolution. (iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields. (b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution. (c) Identify and discuss TWO significant economic or ecological factors that may limit the long-term success of the agricultural practices/technologies of the green revolution.
Business
1 answer:
Nimfa-mama [501]4 years ago
4 0

Answer:

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985.

  • The use of modern agricultural techniques became widespread around many regions in the world. This led to higher yields through the use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.  

(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

  • extensive use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.  

(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

  • In North America, Mexican food production increased and they stopped importing food. Although currently that has reversed, and it is importing even more food than before.
  • In Brazil, agricultural production increased dramatically. Both total farmed area and yields have continued to increase in the past years becoming a threat to the amazon basin.

(b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution.

  • Emigration from rural areas to urban areas which resulted in a rapid expansion of urban centers. Since less labor was needed in farms, many people left rural areas due to lack of jobs.
  • People started accepting genetically modified crops, which were not well accepted at first. A lot of money was invested in research and development of new seeds, fertilizers and pesticides.

(c) Identify and discuss TWO significant economic or ecological factors that may limit the long-term success of the agricultural practices/technologies of the green revolution.

  • Many new agricultural techniques have resulted in a decrease of soil fertility. In many places crops cannot grow unless a lot of fertilizer is used.
  • Countries were the green revolution was originally successful, like Mexico (where it started), have reduced the total area dedicated to crops. As the yields increased, the price of food started to decrease and many small farms could not keep operating.  
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Epsilon Co. can produce a unit of product for the following costs:Direct material $7.70Direct labor 23.70Overhead 38.50Total cos
Lesechka [4]

Answer:

Make since the relevant cost to make it is $58.35

Explanation:

\left[\begin{array}{cccc}&$produce&$buy&$Differential\\$Purchase&-&-62.35&-62.35\\$Manufacturing Cost&-58.35&-&58.35\\$Allocate Cost&-11.55&-11.55&-\\$Total Cost&-69.9&-73.9&-4\\\end{array}\right]

<u></u>

<u>The manufacturing cost will be:</u>

direct material 7.70

direct labor    23.70

Overhead 38.5 x 70% = 26.95

Total manufacturing cost 58.35

Allocated cost 11.55

The purchase cost is higher than our manufacturing cost of 58.35

It is better to make the unit.

The purchase option generates a differential loss for $4

7 0
4 years ago
A company accepts a customer's order on November 30 and immediately delivers the goods to the customer. On December 1, the compa
Step2247 [10]

Answer:

A) November 30

Explanation:

Based on accrual principle of accounting, revenue is recognized when it is earned and not necessarily when cash is received.

Revenue is said to be earned when the obligation of the delivery of service or goods sold has been met.

As such, where a company accepts a customer's order on November 30 and immediately delivers the goods to the customer, revenue is said to be earned (and will be recognized ) on the day of delivery.

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3 years ago
"Aerospace Dynamics will invest $196,000 in a project that will produce the following cash flows. The cost of capital is 10 perc
Likurg_2 [28]

Answer:

-$419.41

Explanation:

The computation is shown below:

Year Cash flows Discount factor Present value

0 -$196,000                 1                          -$196,000   (A)

1 $45,000               0.9090909091       $40,909.09

2 $60,000               0.826446281         $49,586.78

3 $54,000               0.7513148009          $40,571.00

4 -$51,000               0.6830134554        -$34,833.69

5 $160,000             0.6209213231          $99,347.41

Total present value                                      $195,580.59  (B)

Net present value                                       -$419.41   (A - B)

The discount factor is computed below:

= (1 + interest rate)^number of years

4 0
4 years ago
A company uses the gross method to account for cash discounts offered to its customers. If payment is made before the discount p
Tomtit [17]

Answer:

I don't know what are the options available but I know how to account for the cash discounts. For example if the company $10 of discount to the customer for purchasing $100, then the accounting treatment will be as under:

Dr Cash discount (Expense in nature)   10

Dr  Cash Received                                   100

Cr          Sales                                                     110

4 0
3 years ago
What is accounting receivable?<br>​
tankabanditka [31]

Answer:

Is the balance of money due to a firm for goods or service delivered or not yet paid

Explanation:

Account are recorded on balance sheet on current account

5 0
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