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.
Machinery Fantastic is Awesome Machine videos CenterThe choice or selection of agricultural equipment is dictated by a multiplicity of factors including the nature and size of the enterprise, the profitability and access to finance, the economic status of the region, the accessibility to a range of equipment options at local level, the ownership (individual, shared or cooperative) of equipment and access to mechanization contractors.
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