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

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sol_badguy
post Jun 17 2011, 09:08 PM

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There are many factors in determining the prices of foods. The increment of costs imposed in chain supplies, the return yield per cost ratio, the economic climates in the particular countries;all of this contribute to the overall prices.

Like in zimbabwe, the average cost of products doubled every thirteen hour; creating a massive hyperinflation; the root cause of it was because the government forced the white farmers to give their land to the black farmers, triggering an almost halt of foods production.

 

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