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A cow in a Punjabi farm in rural Pakistan. Being a country that has a largely rural and agriculture-based industry, animal husbandry plays an important role in the economy of Pakistan and is a major source of livelihood for many farmers.
[24] Small farmers have "higher net returns per hectare" than large farms, according to farm household income data. [24] Sharecropper productivity is also lower (about 20%) than landowner productivity, holding other factors constant, because there is less incentive for sharecroppers’ own-labour inputs.
Gross farm income is the same as gross cash income with the addition of nonmoney income, such as the value of home consumption of self-produced food and the imputed gross rental value of farm dwellings. Net cash income is gross cash income less all cash expenses such as for feed, seed, fertilizer, property taxes, interest on debt, wages to ...
Many families depend on cottage industries for income. Cottage industries have also gained immense importance in cities and towns. There is a great demand for hand-woven [carpet]s, embroidered work, brassware, rugs and traditional bangles. These are also considered important export items and are in good demand in international markets.
The verb to husband, meaning "to manage carefully", derives from an older meaning of husband, which in the 14th century referred to the ownership and care of a household or farm, but today means the "control or judicious use of resources", and in agriculture, the cultivation of plants or animals. [1]
In most developed economies, a "farmer" is usually a farm owner , while employees of the farm are known as farm workers (or farmhands). However, in other older definitions a farmer was a person who promotes or improves the growth of plants, land, or crops or raises animals (as livestock or fish) by labor and attention.
Pakistani village life (Urdu: پاکستانی گاؤں کی زندگی) is the traditional rural life of the people of Pakistan. People in villages usually live in houses made of bricks, clay, or mud. These typically have two or three rooms that house extended families.
U.S. net farm income and net cash farm income, 2000—2017. In United States agricultural policy, net farm income refers to the return (both monetary and non-monetary) to farm operators for their labor, management and capital, after all production expenses have been paid (that is, gross farm income minus production expenses).