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Because agriculture is a large part of most developing economies, both in terms of employment and share of GDP, agricultural economists have been at the forefront of empirical research on development economics, contributing to our understanding of agriculture's role in economic development, economic growth and structural transformation.
The IMPLAN input-output model is a quantitative economic software, technique, or data that facilitates analysis of spending. [1] This analytic tool, created by the U.S. Forest Service and the University of Minnesota, uses the Bureau of Economic Analysis (BEA) input-output criterion combined with other data to compile tables that identify cash flows between different sectors of the economy.
The term "sustainable agriculture" was defined in 1977 by the USDA as an integrated system of plant and animal production practices having a site-specific application that will, over the long term: [13] satisfy human food and fiber needs; enhance environmental quality and the natural resource base upon which the agriculture economy depends
Agriculture is the main source of toxins released into the environment, including insecticides, especially those used on cotton. [197] [198] [page needed] The 2011 UNEP Green Economy report stated that agricultural operations produced some 13 percent of anthropogenic global greenhouse gas emissions. This includes gases from the use of inorganic ...
These can be broadly classified as benefits to society, culture, a national economy as a whole, national security, and other concerns. For example, in addition to providing food and plant-derived products for the population, agriculture may also provide jobs for rural people and contribute to the viability of the area, create a more stable food ...
A Companion to American Agricultural History (Wiley-Blackwell, 2022) Lauck, Jon. American agriculture and the problem of monopoly: the political economy of grain belt farming, 1953-1980 (U of Nebraska Press, 2000). Riney-Kehrberg, Pamela. ed. The Routledge History of Rural America (2018) Schapsmeier, Edward L; and Frederick H. Schapsmeier.
Agribusiness: a display of a John Deere 7800 tractor with Houle slurry trailer, Case IH combine harvester, New Holland FX 25 forage harvester with corn head. An agricultural subsidy (also called an agricultural incentive) is a government incentive paid to agribusinesses, agricultural organizations and farms to supplement their income, manage the supply of agricultural commodities, and ...
The agricultural policy of the United States is composed primarily of the periodically renewed federal U.S. farm bills.The Farm Bills have a rich history which initially sought to provide income and price support to US farmers and prevent them from adverse global as well as local supply and demand shocks.