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  2. List of largest producing countries of agricultural commodities

    en.wikipedia.org/wiki/List_of_largest_producing...

    Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat.

  3. List of most valuable crops and livestock products - Wikipedia

    en.wikipedia.org/wiki/List_of_most_valuable...

    The following list, derived from the statistics of the United Nations' Food and Agriculture Organization (FAO), lists the most valuable agricultural products produced by the countries of the world. [1] The data in this article, unless otherwise noted, was reported for 2016.

  4. Agricultural economics - Wikipedia

    en.wikipedia.org/wiki/Agricultural_economics

    Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ...

  5. Commodity - Wikipedia

    en.wikipedia.org/wiki/Commodity

    In economics, the term commodity is used specifically for economic goods that have full or partial but substantial fungibility; that is, the market treats their instances as equivalent or nearly so with no regard to who produced them. [1]

  6. Agrarian society - Wikipedia

    en.wikipedia.org/wiki/Agrarian_society

    More people in the world are involved in agriculture as their primary economic activity than in any other activity, yet it only accounts for four percent of the world's GDP. [11] The rapid rise of mechanization in the 20th century, especially in the form of the tractor , reduced the necessity of humans performing the demanding tasks of sowing ...

  7. Cash crop - Wikipedia

    en.wikipedia.org/wiki/Cash_crop

    In general, farmers lack access to agricultural inputs and finance, and do not have enough knowledge on good agricultural and business practices. These high level problems are in many cases threatening the future of agricultural sectors and theories start evolving on how to secure a sustainable future for agriculture.

  8. Primary sector of the economy - Wikipedia

    en.wikipedia.org/wiki/Primary_sector_of_the_economy

    For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa [4] but less than 1% of GDP in North America. [ 5 ] In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods [ a ] in ...

  9. Traditional economy - Wikipedia

    en.wikipedia.org/wiki/Traditional_economy

    A traditional economy is a loosely defined term sometimes used for older economic systems in economics and anthropology. It may imply that an economy is not deeply connected to wider regional trade networks; that many or most members engage in subsistence agriculture, possibly being a subsistence economy; that barter is used to a greater frequency than in developed economies; that there is ...

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