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Was this problem experienced by other farmers

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Reference no: EM133931060

Assignment:

Listen to the Podcast 1619, Episode 5, parts 1 and 2 and then answer these questions.

  1. The main character of this podcast is named Wenceslaus who is a farmer. What crop did he grow?
  2. At maximum production, how many acres did he farm?
  3. Was Wenceslaus considered to be a good farmer or a bad farmer?
  4. In what ways was his farming practices harmed by financial institutions?
  5. Was this problem experienced by other farmers? If so, in what way? What is the evidence?
  6. Based upon the information in the podcast, in what way did the local county ag board participate in the problem?
  7. Using the information from the podcast, would you characterize this market as perfectly competitive or are there significant barriers? If so, what are they? What is the evidence?

Reference no: EM133931060

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