What is a synonym for agribusiness?
agribusiness, agriculture, factory farmnoun. a large-scale farming enterprise. Synonyms: factory farm, agriculture, husbandry, farming.
What is the importance of agribusiness?
Importance of Agribusiness Agribusiness is a sector that supports the growth of the agricultural industry, which is pivotal to economic growthGDP FormulaGross Domestic Product (GDP) is the monetary value, in local currency, of all final economic goods and services produced in a country during a.
What is agribusiness?
Agribusiness is the business sector encompassing farming and farming-related commercial activities. It involves all the steps required to send an agricultural good to market, namely production, processing, and distribution.
What is agribusiness GCSE geography?
Agribusiness: large-scale capital-intensive, commercial farming. Agricultural: to do with farming. The work of growing crops or rearing animals. Aid: the giving of resources by one country or organisation, to another country. Amalgamated Farms: small farms joined together to form one large agricultural unit.
What are the positive impacts of agribusiness?
The evolution from agriculture to agribusiness has brought with it numerous benefits. These include reduced drudgery for laborers; the release of workers for nonagricultural endeavors; a better quality of food and fibers; a greater variety of products; improved nutrition; and increased mobility of people.
How agribusiness is different from other business?
In non-agribusiness industries, a firm typically produces output to meet expected market demand. In agribusiness, firms have to market whatever the weather and pest conditions may determine. Risk management issues in food industries have implications far beyond those in most other industries.
Why there is a trend towards agribusiness in the UK?
These big businesses have come to dominate the food markets in the UK. The positives of agribusiness include more food security and cheaper prices for consumers. However, many farmers have been forced out of business and the big companies can be seen to have too much power over the market price of goods.
How does agribusiness affect the environment?
Agriculture is a major source of carbon emissions, and industrial farming to feed a growing population has led to devastating impacts ranging from the loss of forests and wildlife habitats, to soil degradation and water pollution.
What is horticulture in simple words?
horticulture, the branch of plant agriculture dealing with garden crops, generally fruits, vegetables, and ornamental plants. Horticulture is divided into the cultivation of plants for food (pomology and olericulture) and plants for ornament (floriculture and landscape horticulture).