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Are they efficient? They certainly produce the most, but that's a given considering they have 1.386 billion people to feed. Proportionally it's impossible to sa
by ArlenBales 7y ago
Are they efficient? They certainly produce the most, but that's a given considering they have 1.386 billion people to feed. Proportionally it's impossible to say if China is more or less efficient.
- fspeech 7y agoThey are more efficient (intensive) at output per acre, but (much) less efficient per unit labor. A more or less reasonable market allocation of resources would dictate a similar outcome with the relative abundance of labor (becoming less so, therefore also getting more capital intensive and more efficient on labor input) and scarcity of land per capita.