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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 ...
The IMPLAN input-output model is a quantitative economic software, technique, or data that facilitates analysis of spending. [1] This analytic tool, created by the U.S. Forest Service and the University of Minnesota, uses the Bureau of Economic Analysis (BEA) input-output criterion combined with other data to compile tables that identify cash flows between different sectors of the economy.
The negative impact of agriculture is an old issue that remains a concern even as experts design innovative means to reduce destruction and enhance eco-efficiency. [2] Animal agriculture practices tend to be more environmentally destructive than agricultural practices focused on fruits, vegetables and other biomass. The emissions of ammonia ...
The IAC is particularly focused on the economic impact and potential of regenerative farming practices for native people. [ 68 ] The US Global Change Research Program (2017) identified four key areas of concern in the agriculture sector: reduced productivity, degradation of resources, health challenges for people and livestock, and the adaptive ...
The impact of agricultural policy on reducing poverty differs across countries and is influenced by a variety of factors, such as the level of government policy support, the degree of public and private investment in agriculture, the different types of agriculture, and the growth rates of agriculture parallel to non-agriculture sectors. [7]
The agriculture industry in India makes up 52% of their employment and the Canadian Prairies supply 51% of Canadian agriculture; any changes in the production of food crops from these areas could have profound effects on the economy. [35]
The term "sustainable agriculture" was defined in 1977 by the USDA as an integrated system of plant and animal production practices having a site-specific application that will, over the long term: [13] satisfy human food and fiber needs; enhance environmental quality and the natural resource base upon which the agriculture economy depends
Agriculture is the main source of toxins released into the environment, including insecticides, especially those used on cotton. [197] [198] [page needed] The 2011 UNEP Green Economy report stated that agricultural operations produced some 13 percent of anthropogenic global greenhouse gas emissions. This includes gases from the use of inorganic ...