Understanding agribusiness: a history of the farm problem

What is it about?

Agribusiness may be thought of as a convenience word, jamming together agricultural and business. However, the term was used to describe an American economic concept that was developed in the hopes of finally solving the farm problem The concept fundamentally changed the nature of farming and the global food system. As is often the case with language, the use and understanding of the word has changed and evolved, but ideals of the original use remain. The memories and values associated with Agribusiness also remain, influencing the decisions farmers and policymakers continue to make.

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