Unfortunately the developed world created policies of huge farm subsidies. We have commented on the bad economic practices before: Washington Paying Out Money it Doesn’t Have – More Government Waste – Pork Sugar – USA Sugar Industry Tax on Consumers. Here is an interesting article on the benefits New Zealand has enjoyed by eliminated that bad practice. Farming without subsidies? Some lessons from New Zealand:
Removing subsidies, on the other hand, forces farmers and farm-related industries to become more efficient, to diversify, to follow and anticipate the market. It gives farmers more independence, and gains them more respect. It leaves more government money to pay for other types of social services, like education and health care.
Related: New Zealand’s hardy farm spirit
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