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In subsistence farming, labor costs are low relative to the cost of machinery, while commercial farming requires high capital investment for machinery.
It led to a surplus of grains, causing prices to fall and making processed foods like high fructose corn syrup less expensive.
Many small family-owned dairies are closing or selling to larger operations that can withstand price fluctuations.
Volatility in global markets can influence the price of inputs like seeds and the eventual selling price of the commodity.
Large farms benefit from economies of scale and have the capital to invest in expensive technologies that improve efficiency.
It creates a bottleneck where producers cannot have their raw products prepared for distribution, leading to waste or shortages.
They provide low-cost loans, insurance, and direct payments to help offset expenses when production costs exceed market value.
Increased tariffs led to a decrease in Chinese demand for U.S. soybeans, creating a surplus and lowering prices for U.S. farmers.
It encourages consumers and corporations to accept cosmetically imperfect produce, reducing the amount of edible food wasted.
Milk and dairy products were highly perishable and needed to reach consumers quickly before spoiling.
Intensive farming practices are located close to the market, while extensive practices are located farther away.
The assumption that perishable goods must be produced very close to the market to prevent spoilage.
The region's economy becomes highly vulnerable to fluctuations in global market prices and environmental disasters affecting that single crop.
New safety checks and document requirements at borders can cause delays and increase food prices for consumers.
The limited supply coupled with steady demand caused vanilla prices to increase significantly.
By providing more equitable trading conditions and ensuring farmers in the periphery receive higher wages for their products.
The farmers in the country of origin who produce the raw coffee beans.
It allows the company to reduce costs and increase profits by controlling multiple stages of the production and distribution process.
It involves breeding different plant varieties to enhance desired traits like disease resistance and frost tolerance.