Date of Award
Master of Science
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.
J. M. Coruthers
Prairie View Agricultural and Mechanical College
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Date of Digitization
John B Coleman Library
City of Publication
Boozer, F. E. (1951). A Study of The Farming Practices Of Fifty Negro Farmers In Leon County, Texas. Retrieved from https://digitalcommons.pvamu.edu/pvamu-theses/930