New Fendt 1050 arrived! Now hooking it up ????

New Fendt 1050 arrived! Now hooking it up ????

Mechanization is most profitable and contributes most to growth where land is abundant, where labor is scarce relative to land, and where labor is moving rapidly off the land. Several cases, listed in table 4, illustrate the effects of mechanization on employment.

During the nineteenth century many attempts were made to develop harvesting machinery in Europe and the United States.

The 1050 was dropped off in the yard, needed to get to hooked up to its drill and giving the drill a once over. Just another day in the life of Mike ‍♂️ https://www.patreon.com/bePatronu=25010547

In North America and Europe, the combination of advanced mechanization systems, agrochemical inputs and plant breeding has produced an increase in farm production of such proportions that ultimately quotas on production had to be imposed to prevent the accumulation of massive food surpluses. The lesson from this experience is abundantly clear.

Source 1 | Source 2 | Source 3

European countries fell in between, with land in the United Kingdom about twice as abundant as on the continent. These differences in endowments were reflected in massive differences in factor prices. In Japan, a worker had to work nearly 2,000 days to buy a hectare of land, while his counterpart in the United States needed to work only one-tenth of that time.

Source 1 | Source 2 | Source 3

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