OFF-FARM JOB-HOLDING–ALLOCATION OF TIME OF THE FARM FAMILY

Higher' and more stable incomes' brought out into foreground by keynesian Economics has been further emphasized by the growing concern of economic growth (development) in both developed and developing countries since the end of World War II. This worldwide campaign of 'toward higher and more stable incomes' has been putting agricultural industry and farm families into a hard position, though. Rapid mechanization and technological improvement taking place in these years have greatly expanded agricultural supply which, due to the low level of income and price elasticities of demand for agricultural products, tended to cause the excess supply of agricultural products. Agricultural surplus, in turn, has further put downward pressures upon prices and farm incomes and might cause subsequent reduction in the demand for farm labor. On the other hand, supply of farm labor has been relatively abundant, adding pressures to the labor market in the rural ares even further.