Published online by Cambridge University Press: 22 January 2009
Markets are ubiquitous, dominant, integrating all production nationally: that is interlocking markets in a national purchase and sale network at money price, organised on an economy-wide basis, a market network essential to all industrial and agricultural lines of production… Practically all farm output was sold for cash. All factors of production, land, labour, tools, transport, artificial fertilisers, were available on national markets for purchase at money price… Here we have total market dependence, for livelihood and the ubiquitous use of cash.
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