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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 ...
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 ...
A plantation economy is an economy based on agricultural mass production, usually of a few commodity crops, grown on large farms worked by laborers or slaves. The properties are called plantations. Plantation economies rely on the export of cash crops as a source of income.
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 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.
Cash crop; Choices (journal) ... European Review of Agricultural Economics; F. Fair trade cocoa; ... Farm gate value; Farm income; Farmers Weekly; Food processing ...
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.
More than 90% of rural households have access to land, yet most of these poor have insufficient access to food. [20] Subsistence agriculture can be used in low-income countries as a part of policy responses to a food crisis in the short and medium term and provide a safety net for the poor in these countries. [20]