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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 ...
The economics of English agriculture in the Middle Ages is the economic history of English agriculture from the Norman invasion in 1066, to the death of Henry VII in 1509. England's economy was fundamentally agricultural throughout the period, though even before the invasion the market economy was important to producers.
Barley and wheat were the most important crops in most European regions; oats and rye were also grown, along with a variety of vegetables and fruits. Oxen and horses were used as draft animals. Sheep were raised for wool and pigs were raised for meat. Crop failures due to bad weather were frequent throughout the Middle Ages and famine was often ...
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 2021, exports from Ireland of food, drink and horticulture (Agri-food) had a value of €13.5 billion, with international markets outside of the European Union and United Kingdom accounting for 34% of exports, and the European Union itself being the largest export destination at €4.5 billion value.
Almonds, grown along the southern and the eastern coasts, emerged as another important Spanish cash crop. [2] Almost half of the 1985 crop was exported, approximately 70 to 75 percent of it to EC countries. [2] The "sea of plastic" - greenhouses covering 20,000 ha of the Campo de Dalías around El Ejido and Roquetas de Mar in southern Spain.
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 .
Baking bread is an example of secondary food processing. Secondary food processing is the everyday process of creating food from ingredients that are ready to use. Baking bread, regardless of whether it is made at home, in a small bakery, or in a large factory, is an example of secondary food processing. [32]