Development Possibilities of Farms in Latvia

The authors of the paper have tried to find out some possibilities favourable to the development of Latvian rural areas and to diminishing of differences between the regions of Latvia. Taking as basis the concept that a decisive role in such development is played by the increase of the productivity and skilled activities of the farmers, the authors pay attention to effective use of such kind of production resources as material capital and social capital. The authors conclude that the farmers should concentrate their attention not only on economic factors, but they have to pay more attention also to social factors, especially to such ones related to agriculture.