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REASONS FOR GOVERNMENT INTERVENTION IN AGRICULTURE

10.15660/AUOFMTE.2014-3.3060

Miloje A. JELIC, Jasminka M. DUROVIC, Srecko M. RADOJCIC, PhD JUGOSLAV ANICiC

Volume XXIII (XIII), 2014/3

In this paper, specific aspects of government intervention in agriculture are considered. The analysis shows that there are theoretic reasons for greater interventions in agriculture. State intervention in agriculture starts from the fact that by this term we imply consciously aimed action of the state for the sake of as better as possible development of agricultural sector. The greatest number of developed countries developed their agricultural sector using various forms of direct or indirect subsidies of the state.

Keyword: Government intervention, economy, economic policy, economic system, agriculture

ISSN 1583-0691, CNCSIS "Clasa B+"