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IMPROVING FARM PERFORMANCE THROUGH FINANCIAL LITERACY EDUCATION AMONG FARMERS IN SOUTH CAROLINA

Objective

The main goal of this project is to improve farm performance among South Carolina farmers by enhancing their financial literacy level.The specific objectives are enumerated as follows:1. To develop pedagogical tools to improve farmers' financial literacy and farm performance;2. To assess the current level of financial literacy and farm performance of SC farmers;3. To analyze the determinant variables for farmers' financial literacy and farm performance;4. To provide financial literacy training to SC farmers and assess the effectiveness of those training programs;5. To analyze the awareness, knowledge, and adoption of farm financial management activities among the SC farmers;6. To examine the impact of financial literacy on farm performance measured by Return on Assets (ROA);7. To apply research findings and develop measures to improve financial literacy and farm performance among SC farmers;8. To present research results and share applicable practices globally.

Investigators
Ma, Gu.
Institution
South Carolina State University
Start date
2020
End date
2023
Project number
SCX102-07-20
Accession number
1022525