Zusammenfassung der Ressource
Farming Mind Map #1
- Effects
- Economic
- Pros
- Source of income for many huge
corporation companies
- More money made
- Advances in agricultural research
- Safer ways to eat and drink
- Happy population, Happy corporation
- More people likely to go into industry
- More money made by companies
- Less reliance on imports
- Value for country
- More people recognize and respect country
- Country currency has higher value
- Can export products with more benefits
- Advancements in technology (possibly from third world to first world country)
- Mechanization in farming increases
- More products made for less with machine
- More money made by farmers and exporters
- Creates new jobs
- Agriculture is a big industry
- People are more likely to pursue agriculture related jobs
- More tax dollars for government
- Advances to agriculture and other industries/services
- More advanced country
- More immigrants and graduates
- Immigrants and graduates need jobs
- Cons
- High expenses in marketplace
- People buy less of that
product
- Lower demand for product
- Farms receive less
profit
- Farms go out of
business
- More imports needed to due less
farms
- More money spent on imports
- Less grocery stores have food from their own land
- Low profit as farmer
- Less likely to convince people to go into this industry
- Less "family made" farmers overall
- Need to mechanize due to low numbers of farmers
- High cost of mechanization
- Less likely to
buy
- Farmers go out of
business
- Fertilizer costs increased over past few decades
- Went from $53 per acre to $166 in 1990-2015 (Schnitkey & Sellars , 2016)
- Overuse of fertilizer to increase crop yield led to these numbers
- Huge investments for people in farming industry
- Bankruptcy is likely if not succesful
- Empty farmland
- Price of farmland grows the longer its empty
- People less likely to invest in farming industry due to high prices