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Cotton is a significant cash crop. According to the National Cotton Council of America, in 2014, China was the world's largest cotton-producing country with an estimated output of about one hundred million 480-pound bales. [1] A cash crop, also called profit crop, is an agricultural crop which is grown to sell for profit
Production (and consumption) of agricultural plant commodities has a diverse geographical distribution. Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production.
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 ...
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.
The high European demand for tobacco led to a rise in the value of tobacco. The rise of value of tobacco accelerated the economic growth in America. The cultivation of tobacco as a cash crop in America marks the shift from a subsistence economy to an agrarian economy. Tobacco's desirability and value led to it being used as a currency in colonies.
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.
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.
The Columbian exchange resulted in Europe adopting new crops, as well as shaking up traditional cultural ideas and practices. The commercial revolution continued, with Europeans developing mercantilism and European imports of luxury goods (notably spices and fine cloth [ 18 ] ) from eastern and southern Asia switching from crossing Islamic ...