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Economics Economy: Solutions for rising food price?, We need more farmer not economist

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TSLionheartTwb
post Mar 25 2011, 08:27 PM, updated 15y ago

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Base on this statement: We need more farmers, not economists, how can we face the problem of the rising of global food price?
What can we do other than producing more supply of food?

As in this case what i know is the demand for the food globally is rising and that is most probably why the price is rising.
So one way to do is to increase the supply of the food. But what else? (also please correct me if i wrong)

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This is my microeconomies term paper and it is annoyingly hard for me as I m just newbie to economy.

I think of other solutions like setting ceiling price or apply technology in production of food but these methods are not related the the statement "We Need More Farmer, Not Economist" !

This post has been edited by LionheartTwb: Mar 26 2011, 11:02 AM
TSLionheartTwb
post Mar 27 2011, 01:19 AM

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QUOTE(3dassets @ Mar 26 2011, 03:05 PM)
Tell I.T. fella about farming is barking at the wrong tree, though people can choose to divert to farming but its a dirty job that parents of the previous generation who brought up their children not to inherit.
For that reason, we import a lot of foreign cheap labor in plantations and many farmlands are now concrete community. This is called development and we haven't reach a stage where imported food are too expensive and increased the value of local farm products, soon it will happen when jobs are scarce or it become a lucrative business.
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How does this related to the question? rclxub.gif Sorry a bit confused
Really noob in this field

 

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