Agricultural economics

2 billion to 9.6 billion (un.org, 2013). There is already not enough food that can be distributed to sustain the already 7.2 billion people existing on this planet. The source of the solution lies in the hands of the growers of our food and the agricultural industry. The industry is stuck in very traditional ways that have vast room for improvement in yield and efficiency. The amount land that it currently takes in order to provide the current supply of food is approximately 11% of the globes…

Agricultural growth must be underpinned by a reliable and efficient financial system capable of making compatibility between the expansion or adequacy of credit flow and both the investment and working capital needs of the agricultural sector. The financial sector reforms of 1991 had created a basic fear that this would lead to the dilution of the directed credit policy or priority sector lending by the commercial banks and the deregulation of interest rates which consequently reduced the flow…

INTRODUCTION The information which can be found in the case study refer to the tale of a corporate entrepreneurship which manages to bring SVI (sustainable value innovation) to the agricultural business. The case informs the reader about the history of EADS-Astrium, which is a subsidiary of Infoterra and the surfacing of their new service, named Farmstar. This new product-service helps farmers manage their fields in an optimal way, thus reducing costs and negative influence on the environment,…

The corporation and the food industry —consisting of factory farms— are directly responsible for the exploitation of workers and the public health and dietary crisis in America. Jim Hightower and Michael Pollan do an outstanding job exposing the lies behind the industries and revealing the truth to the consumers. The way our food industry has shifted has negatively impacted our society. Big corporations are running thousands of people out of jobs and treating their own employees unfairly and…

precedence over this domain. According to Hoppe (n.d.), the small family farms remain the leading component in the overall count of farms in the United States, as well as, accounting for approximately half of the farmland, however, the majority of the agricultural production remains the domain of the medium-sized and large-scaled family or industrialized farms. Consequently, because farms within the United States range from both exceedingly small retirement and residential…

OCCUPATIONS IN THE COLONIES GRQ’S The difference between a colonial farmer and a planter was that colonial farmers worked small, family-run farms, while planters were wealthy, educated, who oversaw the operations on their large farms, or plantations. Colonial farmers used plows, hoes, axes, and building tools to clear land, dig ditches, build fences, farm buildings, plow, and do other heavy labor. Planters used books to track expenses and sales. They dealt with the logistics rather than hard…

Beyond its remarkable economic success, it is difficult to generalize about the economic history of British America, mainly because of the extraordinary diversity of the experience. As early as 1650, distinct regional patterns were firmly established in British America, and it seems more accurate to speak of several regional economies rather than a single entity. Still, the regions shared some characteristics, and the regional differences were patterned, not random. One important shared…

Aztec involved increases in the extent, efficiency, and overall productivity of natural resources for agricultural purposes. During the period that the Aztec empire occupied the highlands of central Mexico, from early 14th through the early 16th centuries CE, its rulers had to figure out how to feed their growing and developing population. The act of agricultural intensification became a crucial economic component to meet these demands. This has been defined by anthropologists as an “increased…

CHAPTER ONE INTRODUCTION 1.1. Background Ethiopia is predominantly an agricultural country with the vast majority of its population directly involve in the production of crops & livestock. Agriculture accounts around 45 percent of gross domestic product (GDP), 85 percent of the employment and over 90 percent of foreign exchange earning of the country (CSA, 2001). It satisfies 70 per cent of raw materials requirements of the country's…

“SOCIOECONOMIC FACTORS THAT AFFECT AGRICULTURAL PRODUCTION AND CHOICE OF LIVELIHOOD IN RURAL AREAS” There are many commonalities among rural areas which can be seen in the socioeconomic factors that influence their agricultural sectors. Traditionally, rural areas are seen as regions of low population densities. However, with urbanization transpiring everywhere, it has become difficult to distinguish rural areas. Rural areas are marked by proximity to nature, small community size, low population…