Search SchoolNGR

Sunday, 26 April 2026
Register . Login

(a)What is depreciation in agricultural production? (b) Distinguish between ...

(a) What is depreciation in agricultural production?
(b) Distinguish between the following pairs of terms as used in agricultural production:
(i) farm records and farm accounts;
(ii) credit and subsidy;
(iii) assets and liabilities.
(c) State five problems of agricultural extension in West Africa.
(d) Enumerate five factors that affect the supply of cassava in West Africa
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
    Correct Answer: Option
    Explanation:
    (a) Meaning of Depreciation in Agricultural Production
    Depreciation refers to the loss or reduction in the value or worth of an asset as the asset is being used over time.
    OR
    a loss in value of asset as a result of wear and tear or obsolescence over a period of time.

    (b)Differences between the following Pairs of Terms as used in Agricultural Production
    (i) Farm Records and Farm Accounts
    Farm records are information or facts about the activities that take place on the farm while/but/ whereas/ on the other hand;
    Farm accounts are statements of financial transactions on the farm.
    (ii) Credit and Subsidy
    Agricultural credit is a repayable loan given to a farmer to carry out farm operations while Agricultural subsidy refers to a non-refundable aid to farmers to reduce cost of production.
    (iii) Assets and Liabilities
    Farm assets refer to anything of value in the possession of a farm business while/but/ whereas/ on the other hand; Liabilities represents an amount that is owed to others, whether it is payable in cash, goods or services.

    (c) Problems of Agricultural Extension in West Africa

    Inadequate transport facilities
    Poor remuneration leading to inadequate motivation
    Corruption among extension personnel
    Inadequate Subject Matter Specialist (SMS)
    Ignorance of the tradition and customs of local communities
    Inadequate extension workers
    Poor communication facilities
    Inadequate farm inputs
    Illiteracy of the farmers
    Language barrier
    Conservatism of farmers
    Poor monitoring of extension service agents
    Inadequate credit facilities to the farmers

    (d) Factors that affect the Supply of Cassava in West Africa

    Price of cassava
    The price of related goods
    Changes in the cost of production
    Technological advancement
    Changes in the number of producers
    Changes in climate and weather
    Government policy/import restriction
    Wars/Conflicts
    Natural disaster e.g. wild fire, flood etc.
    Subsidies
    Aims/Objectives of the farmer

    Share question on: