Date of Award

7-1951

Document Type

Thesis

Degree Name

Master of Science

Abstract

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 Member

J. M. Coruthers

Committee Member

G.L. Smith

Publisher

Prairie View Agricultural and Mechanical College

Rights

© 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

1/14/2022

Contributing Institution

John B Coleman Library

City of Publication

Prairie View

MIME Type

Application/PDF

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