agriculture
Business
U.S. History
Examples of agriculture in the following topics:
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New Agricultural Practices
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New Agricultural Tools
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Agricultural Interest Groups
- Agricultural interest groups are a type of economic interest group that represent farmers.
- Agricultural interest groups represent the economic interests of farmers.
- There is a long history of agricultural interest groups in the United States.
- Today, agricultural interest groups are often divided among themselves.
- Small farmers are just one part of the larger group of farmers involved in agricultural interest groups.
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Effects of the Agricultural Revolution
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Productivity Gains in Agriculture
- During the second agricultural revolution, U.S. agricultural productivity rose fast, especially due to the development of new technologies.
- During the second agricultural revolution, the average amount of milk produced per cow increased from 5,314 pounds to 18,201 pounds per year (+242%), the average yield of corn rose from 39 bushels to 153 bushels per acre (+292%), and each farmer in 2000 produced on average 12 times as much farm output per hour worked as a farmer did in 1950.
- Huge productivity gains in agriculture were recorded in the twentieth century.
- Avoiding losses of agricultural products to spoilage, insects, and rats contributes significantly to productivity.
- Between 1950 and 2000, during the so called "second agricultural revolution of modern times," U.S. agricultural productivity rose fast, especially due to the development of new technologies (the greatest period of agricultural productivity growth in the U.S. occurred from World War 2 until the 1970s).
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The Agricultural Market Landscape
- The agricultural market landscape is the economic system that produces, distributes, and consumes agricultural products and services.
- Agriculture, in many ways, has been the fundamental economic industry throughout history.
- Agricultural economics is defined as the economic system that produces, distributes, and consumes agricultural products and services.
- US agricultural subsidies have had a large impact on international trade flows.
- Developing nations, which may rely more heavily on agriculture in their economy than developed nations, argue that the US should reduce its agriculture subsidies.
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Evaluating Policies
- Agriculture requires a vast support system and a great deal of oversight, addressing industry threats and utilizing policy-based tools.
- Agricultural policy differs from nation to nation, but has a number of key questions and considerations that occur across the board.
- Below is a list of core questions to keep in mind when evaluating agricultural policy:
- Technology: This is a critical driving force in increasing yield and lowering costs in the agriculture business.
- Resource Access: Ensuring access to land and biodiversity is another important component to a successful agricultural industry.
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Commercial Farmers
- New technologies rapidly transformed and commercialized the agricultural sector in the American South and West.
- Prior to the Revolutionary War, agriculture created the livelihood for 90 percent of the population.
- These developments rapidly increased agricultural production in the West and made commercial farming viable.
- International markets were important for commercial agriculture, especially for cotton.
- The commercialization of agriculture changed the economic base for the South and West.
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Agricultural Settlements and Chiefdoms
- Agriculture in North America emerged only gradually, but proved revolutionary in its impact.
- Agriculture in North America emerged only gradually, but proved revolutionary in its impact.
- Agriculture gradually became more important throughout the first millennium CE, with villagers becoming largely agricultural by the beginning of the second millennium.
- Ultimately, the Eastern Agricultural Complex was thoroughly replaced by maize-based agriculture .
- Maize was a major crop for most all of the early agricultural societies in North America.
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Supply Reduction
- Agricultural aggregate supply can be reduced through external capacity potential or governmental interventions.
- Understanding the reductions in aggregate supply in this industry, as a result of governmental policy or economic limits, is a critical component in understanding agricultural economics.
- Government policy has a large impact on the agriculture market.
- Many developing nations lack the requisites to generate the appropriate supply of agriculture to feed the population.
- Environmental concerns have also been widely cited as a reductive influence on the agriculture market.