Possibilities of business diversification on the farms in subregions Zemgale-1 and Zemgale-2 of Zemgale planning region
2011
Liscova, A., Latvia
Diversification of rural businesses is intended for the purpose of sustainable rural development that is related to the diversity of rural environment, and helps preserve or diversify them. The main factor promoting diversification is the need for it. If a farm is assumed a basic unit of business diversification, combining such activities (agricultural and non-agricultural) is especially needed on farms having free resources – land, buildings, machinery, and human resources. Income from producing and selling agricultural products dominate in the farm income structure in subregions Zemgale-1 and Zemgale-2 of Zemgale region, yet, the farms have free resources to introduce activities of employment diversification, which attracts the interest of farm managers.
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