Date of Award


Document Type


Degree Name

Master of Science

Degree Discipline



The change in agriculture from a purely self-sufficing economy to a commercial economy has been so pronounced that many writers have characterized modern farming as capitalistic - similar in its capital requirements to urban industries. This analogy is faulty. It is true; that farming has many of the characteristics of a capitalistic enterprise, but, in other respects, it differs markedly from the bonafide urban enterprises.

It is self-sufficient to a large extent with respect to food, fuel, labor and power. Large capital investment and minute division of labor, which characterize many urban enterprises, are uncommon in agriculture if indeed not entirely absent. Then, too, in many urban enterprises, the function of ownership and management have been separated. In farming, on the other hand, these functions have been combined, as a mile, in the farm operator. The unit of organization in urban enterprises tend® to be large; in farming the unit of organization is small. In these and other Important ways, fanning is different from the purely capitalistic enterprise. These differences, as to both kind and degree, warrant the designation of agriculture as a quasi-capitalistic enterprise. In short, agriculture partakes of the nature of both commercial and self-sufficient economies.

Committee Chair/Advisor

J. M. Coruthers

Committee Member

G.L. Smith

Committee Member

G.L. Smith


Prairie View Agricultural and Mechanical College


© 2021 Prairie View A & M University

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Date of Digitization


Contributing Institution

John B Coleman Library

City of Publication

Prairie View





To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.