WAEC Economics 2016 Theory — Question 4

Model answer

(a)(i) Peasant farming: This is defined as farming for household requirement. It is a small scale farming, also referred to as subsistence farming. The farmers grow food crops and rear a small number of livestock. If there is surplus, they sell it to relatives and in some cases to the market. (ii) Co-operation farming: This is defined as a farming system in which the society comes together to farm so as to be able to share land, machinery and also market the produce together. In most cases, it is usually owned by a co-operative society. (b) Ways government can assist peasant farmers: (i) Supply of tools and machinery: The government can supply needed tools to the peasant farmers to improve their output, and teach them how to operate the tools. (ii) Provision of loans: Peasant farmers do not have much money to invest in the farm; the government can give loans so they can buy inputs such as fertilizers. (iii) Increased investments in Research and Development and extension services to improve seedlings and inputs. (iv) Provision of good storage facilities to reduce spoilage of perishable produce. (v) Establishment of a functioning marketing board to help peasant farmers collect their goods together and market them, ensuring good income.