DEVELOPING A FRAMEWORK FOR RISK FACTORS IN AGRICULTURE

Abstract

Risk is an integral part of agricultural management, and risk management is therefore an essential way for farmers to reduce the risk of making unsuccessful farm decisions under conditions of uncertainty. Risk is inherently associated with negative consequences, including lower yields and income, as well as catastrophic events and financial bankruptcy, food and human health insecurity. The aim of this article is to create a system of risk factors encountered in agricultural activities. During the writing process I will be using the analysis of scientific literature, grouping, systematization and generalization of secondary data, as well as descriptive and graphical representation. Several types of risks will be examined, which will be divided into two groups: external environmental factors and risks arising from the internal management of the agricultural enterprise, in order to simplify the risk assessment process for farmers. The results obtained will provide a better understanding of the risk factor system and its influence on agricultural decisions. The study can be used to help farmers more effectively assess risks and make better decisions by reducing potential losses and ensuring sustainable farm management. These results can also be used to develop practical tools for risk management and further research in this area.