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Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ...
It is difficult to discuss these differences without the aid of an example. Consider the case of a conventional (see conventional agriculture) apple farmer.This farmer may choose to change his farm to conform to the standards of USDA approved organic agriculture because he felt motivated by social or moral norms or the potential of increased profits or a host of other reasons.
Rural economics is the study of rural economies. Rural economies include both agricultural and non-agricultural industries, so rural economics has broader concerns than agricultural economics which focus more on food systems. [1] Rural development [2] and finance [3] attempt to solve larger challenges within rural economics.
Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. [1] Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in the cities.
Church Farm in Norfolk, England Typical plan of a medieval English manor, showing the use of field strips. A farm (also called an agricultural holding) is an area of land that is devoted primarily to agricultural processes with the primary objective of producing food and other crops; it is the basic facility in food production. [27]
Josh Hoffman's essay addresses a challenge that many families in agriculture face: the family farm's transition from one generation to the next.
A history of agricultural policy : chronological outline ( U.S. Department of Agriculture, National Agricultural Library, 1992) online; Ardrey, Robert L, American agricultural implements: a review of invention and development in the agricultural implement industry of the United States (1894) online; a major comprehensive overview in 236 pages.
An Agricultural Testament. Oxford University Press. Tony Waters (2010). "Farmer Power: The continuing confrontation between subsistence farmers and development bureaucrats"/ Marvin P Miracle (May 1968). "Subsistence Agriculture: Analytical Problems and Alternative Concepts", American Journal of Agricultural Economics, pp. 292–310.