FARM OWNERS’ INTERVENTIONS DURING ECONOMIC CRISIS
Keywords: economic crisis, interventions, farms
AbstractThis paper covers the issue of the effect of the economic crisis on farms organization. Research was conducted
in the south of Poland, of which a certain portion has been presented to demonstrate the interventions
undertaken by farm owners in light of the deteriorating economic situation. The research indicates that the
choice of strategy for surviving the crisis, which shows in deteriorating management conditions, was determined
by the farm type. Nevertheless, the most common decisions were about lowering consumption of
current production assets and reducing capital-intensive investments. The spectrum of intervention measures
undertaken by respondents in periods of economic crisis was therefore based mainly on temporary yet significant
reduction of production costs in order to improve (or safeguard) short-term financial performance
of a farm.
Download data is not yet available.
How to Cite
Płonka, A. (2017). FARM OWNERS’ INTERVENTIONS DURING ECONOMIC CRISIS. Acta Scientiarum Polonorum. Oeconomia, 16(3), 53-61. https://doi.org/10.22630/ASPE.2017.16.3.33