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The broadest definition includes handheld power tools, but in general usage, the term implies huge motorized machines, particularly tractors and the many types of farm implements which they tow and/or supply power to. The mechanization of agricultural tasks is a defining element of industrial agriculture.
The farm sector is frequently cited as a prime example of the perfect competition economic paradigm. In Asia , the Faculty of Agricultural Economics was established in September 1919 in Hokkaido Imperial University , Japan , as Tokyo Imperial University 's School of Agriculture started a faculty on agricultural economics in its second ...
A poultry farmer is one who concentrates on raising chickens, turkeys, ducks or geese, for either meat, egg or feather production, or commonly, all three. A person who raises a variety of vegetables for market may be called a truck farmer or market gardener. Dirt farmer is an American colloquial term for a practical farmer, or one who farms his ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The term Limited Resource Farmer/Rancher was defined in October 2002 after a three-month analysis conducted by the Economic Research Service, the National Agricultural Statistics Service, the Farm Services Agency, Risk Management Agency and the Natural Resources Conservation Service. [3]
Born right smack on the cusp of millennial and Gen Z years (ahem, 1996), I grew up both enjoying the wonders of a digital-free world—collecting snail shells in my pocket and scraping knees on my ...
Sharemilking is the application of the sharefarming concept to the dairy industry; it is particularly common in New Zealand but is not unheard of elsewhere. The specific arrangement to which the term sharemilking is understood (via synecdoche) to apply is less ambiguously known as herd-owning or fifty-fifty sharemilking.
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