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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 ...
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 ...
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.
Cover crops may be used to manage soil erosion, soil fertility, water content, weeds, pests, agricultural diseases, and biodiversity on land that is repeatedly farmed. They are commonly off-season crops planted after harvesting a cash crop in order to help conserve the integrity of the land through a fallow period. cow An adult female bovine ...
Europe and the Middle East in 476 after the fall of the last Western Roman Emperor. Three events set the stage—and would influence agriculture for centuries—in Europe. First was the fall of the western Roman Empire which began to lose territory to foreign ‘barbarian’ invaders about the year 400.
Yerba mate (left), coffee bean (middle) and tea (right), all used for caffeinated infusions, are commodity cash crops. In economics , a commodity is an economic good , usually a resource , that specifically has full or substantial fungibility : that is, the market treats instances of the good as equivalent or nearly so with no regard to who ...
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.