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Alchen [17]
3 years ago
12

How does agriculture (farming) add to the idea of capitalism and the free market society?

History
1 answer:
sasho [114]3 years ago
5 0

Answer:

Agriculture is an important feature of both capitalist, feudal, socialist, and communist societies.

Explanation:

Agriculture in a capitalist society under a free market system tends to represent a market structure that is very competitive, because there are often many suppliers (the farmers), and many buyers, and the goods (the agricultural products) tend to be homogenous and tend to be easily replaceable as well.

Thus, agriculture, relates to capitalism and the free market, as a market structure that is very close to the perfect competition structure that is the model that a free market strives to.

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