My entry:
If I have 20,000 USD at my disposition, I will set up an Agricultural business which has to do with fish farming,rearing of livestock and planting of food crops.
My main reason for setting up Agricultural business is to battle the effect of hunger. Hunger has been one of the major cause of death in most African countries due to the scarcity of food and increase in population. This Agricultural business will not only solve the problem of food scarcity but it will also be a means to create employment opportunities for the unemployed ones.
Also, since the aim of every business man is to make profit. This Agricultural business will also generate more profit since the human population can't do without food consumption.
20,000 for livestock is little money but if the idea is to help poor countries, fish farming could be good, remember that the vast majority of people who suffer from or die of hunger is not due to a shortage of food, it is due to not having money to buy it.
It actually depends on the number of livestock I intend to buy for grazing. I'm very sure the money can be well managed to achieve this. But since you are in doubt, that's why I brought up the poultry farming suggestion since it's gonna be more cheaper to afford and more income can be generated from the sales of egg and the birds itself unlike that of livestock 😊.
What if the number of buyers keep increasing and the number of farmers keep reducing, do you think there will be more food for you to eat? Don't you think there will be scarcity of food if we actually don't encourage Agricultural practices?
I also disagree with your point about the lack of finance being a cause of hunger for people. The main reason for this is due to the lack of agricultural practices. In a region where Agricultural practices prevails, it is very rare for hunger and lack of finance to be predominant in such area unless the government isn't funding farmers has they deserved to be funded because there will be surplus production of food due to farming operations and food won't be very expensive as it is today in some part of the world.
Also, most people are alive today just by feeding on what is planted or grown in their environment.
As for the case of lack of finance, I stated it in the comment section that this Agricultural business will also serve as a means of employment opportunities for unemployed ones.
Thanks for your lovely comment @hendersonp and I hope you have a great day ahead 😊 with love from @hardaeborla 💕❤️💕❤️
Entry 9
can you do a breakdown how you would invest that money and how big the harvest could be?