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D-dual-agriculture Dictionary

Dual agriculture

A farm economy split between a capitalised commercial sector and an under-capitalised smallholder sector

All termsIntroduced in Module 1Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
A farm economy split between a capitalised commercial sector and an under-capitalised smallholder sector
How to use it
Identify which side of the dual economy the venture sits on, and which services, buyers and finance that side can reach. The plan should show how the venture crosses into the formal side.
South African benchmark
Article 63 describes South Africa's commercial and communal sectors running side by side; roughly 60% of cattle are commercial and 40% communal.
Country notes
All four local markets carry the same split between a commercial sector and a large smallholder sector.
Go and read
C1
Calculate it
No calculator; the term is applied in the venture plan narrative.
Library sources
LIB-A018, LIB-A022
See also
Dead capital, Aggregator
Two hectares measured out, with the four numbers that make land a business assetTwo hectares, measured as a business assetHectare 1100 m x 100 mHectare 210,000 m²100 m100 m100 mLease value a yearthe return to beatSale valuethe capital tied upHolding costfencing, rates, upkeepTenure documentwhat a bank lends on1 hectare = 10,000 square metres. Two hectares is a 200 m x 100 m block.
From Module 1, The Farm as an Asset, where this term is introduced.

Introduced in C1 The Farm as an Asset.