If a farmer receives delayed payment from a buyer, what effect can it have on livelihood?
Answer and explanation
Correct answer: Reduced cash flow and increased credit dependence
Delayed payment affects both household and farm expenses. In exams, write the role of cash flow.
Frequently asked questions
What is the correct answer to this question?
Reduced cash flow and increased credit dependence
Why is this the correct answer?
Delayed payment affects both household and farm expenses. In exams, write the role of cash flow.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.