Question

Give five (5) examples of risk events that can occur in the crop production sector?

Answer 1

Here we will discuss the five examples of risk events that can occur in the crop production sector.

It is essential to know that the crop production sector's risk events as crop production is the sector that gets most exposed to the risk events that can occur. Some of the risk events include:-

NATURAL CALAMITIES:- Crop production sector generally suffers from natural calamities as they get exposed to the natural environment. They cannot get protected by these calamities as they are completely exposed and not covered at all because agriculture gets done on the open field, which cannot get covered.

WEATHER CHANGES:- The crop production sector similarly suffers the weather changes as the sudden changes in the weather lead to the negative impact on the crop production sectors as crops and the production affected by these changes. These changes include sudden rain, sudden storms, and many other changes.

LACK OF CREDIT:- Sometimes when the crop production sector suffers the lack of credit they are unable to produce or yield the best of the crops, which ultimately leads to getting under the dates, and the handset is one of the risk events that can occur in the crop production sector.

LOSS DUE TO INSECTS AND ANIMALS:- Just like other risk events, the crop production sector gets exposed to the natural environment, which includes the animals and insects that can harm the crop production and has a negative impact over the crop production factor. It is one of the riskiest events that can occur in the crop production sector.

IMPROPER AGRICULTURAL FACILITIES:- whenever the crop production sector does not get the proper agriculture facilities, they cannot produce or unit the best of crops are the products which lead them to have not such good vegetables and ultimately they do not get the profit they deserve.

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