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The FAO/ECMB has reported that world land usage for agriculture has declined since the 1980s, and subsidies outside the United States and EU have dropped since the year 2004, leaving supply, while sufficient to meet 2004 needs, vulnerable when the United States began converting agricultural commodities to biofuels. [65]
The great depression of British agriculture occurred during the late nineteenth century and is usually dated from 1873 to 1896. [1] Contemporaneous with the global Long Depression, Britain's agricultural depression was caused by the dramatic fall in grain prices that followed the opening up of the American prairies to cultivation in the 1870s and the advent of cheap transportation with the ...
A farm crisis is an American term for a time of agricultural recession, low crop prices and low farm incomes. The Interwar farm crisis was an extended period of depressed agricultural incomes from the end of the First to the start of the Second World War. The most recent US farm crisis occurred during the 1980s. [1] [2] [3]
Evolution of GDP growth. The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal relative to other developed economies, which inspired an enormous wealth of literature and diverse analysis on the causes of this relative decline. [2]
The Long Depression was a worldwide price and economic recession, beginning in 1873 and running either through March 1879, or 1899, depending on the metrics used. [1] It was most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War.
Agricultural history took a different path from the Old World as the Americas lacked large-seeded, easily domesticated grains (such as wheat and barley) and large domestic animals that could be used for agricultural labor. Rather than the practice which developed in the Old World of sowing a field with a single crop, pre-historic American ...
Agriculture collapsed when Mugabe oversaw the seizure of highly productive farms in 2000. Most were owned by Zimbabwean white commercial farmers after colonialists forcibly took them from Blacks ...
A United Nations Food and Agriculture Organization study conducted in 2009 [48] said that food production would have to increase by 70% over the next 40 years, and food production in the developing world would need to double [49] to feed a projected population increase from 7.8 billion to 9.1 billion in 2050.