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A cash crop, also called profit crop, is an agricultural crop which is grown to sell for profit. It is typically purchased by parties separate from a farm . The term is used to differentiate a marketed crop from a staple crop ("subsistence crop") in subsistence agriculture , which is one fed to the producer's own livestock or grown as food for ...
Plantation economies rely on the export of cash crops as a source of income. Prominent crops included cotton, rubber, sugar cane, tobacco, figs, rice, kapok, sisal, Red Sandalwood, and species in the genus Indigofera, used to produce indigo dye. The longer a crop's harvest period, the more efficient plantations become.
In contrast, the primary focus of a plantation was the production of cash crops, with enough staple food crops produced to feed the population of the estate and the livestock. [4] A common definition of what constituted a plantation is that it typically had 500 to 1,000 acres (2.0 to 4.0 km 2 ) or more of land and produced one or two cash crops ...
The Columbian exchange of crop plants, livestock, and diseases in both directions between the Old World and the New World. In 1972, Alfred W. Crosby, an American historian at the University of Texas at Austin, published the book The Columbian Exchange, [2] thus coining the term. [1]
As European settlers began to colonize the Americas in the 16th and 17th centuries, they quickly realized the economic potential of growing cash crops which were in high demand in Europe. Settlers began to establish plantations, the majority of which were located in the West Indies.
The most historically significant triangular trade was the transatlantic slave trade which operated among Europe, Africa, and the Americas from the 16th to 19th centuries. Slave ships would leave European ports (such as Bristol and Nantes) and sail to African ports loaded with goods
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A market garden is the relatively small-scale production of fruits, vegetables and flowers as cash crops, frequently sold directly to consumers and restaurants. The diversity of crops grown on a small area of land, typically from under 0.40 hectares (4,000 m 2 ; 1 acre ) to some hectares (a few acres), or sometimes in greenhouses ...