Economic importance of cash crops. Cash Crops 2022-10-27
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Cash crops are agricultural products that are grown for the purpose of being sold on the market. They are typically high-value crops that are in demand by consumers, and they play a significant role in the global economy.
One of the primary economic benefits of cash crops is that they provide a source of income for farmers and rural communities. In many developing countries, agriculture is a primary source of employment and income, and cash crops can provide a lucrative option for farmers. By growing and selling cash crops, farmers are able to earn a higher income, which can be used to improve their living standards and invest in their communities.
In addition to providing income for farmers, cash crops also contribute to economic growth at the national level. By exporting cash crops to other countries, a nation can earn foreign currency, which can be used to fund development projects and improve the overall standard of living. For example, coffee is a major cash crop in many developing countries, and the export of coffee generates significant revenue for those nations.
Cash crops also have the potential to stimulate economic development in rural areas. By providing a source of income and employment, cash crops can help to reduce poverty and improve living standards in these areas. In addition, the infrastructure and facilities needed to grow, harvest, and transport cash crops can also create jobs and stimulate economic activity in rural areas.
Furthermore, cash crops can also have positive environmental impacts. Many cash crops, such as coffee and cocoa, are grown in tropical regions and can help to preserve forests and other natural habitats. By providing an economic incentive to preserve these areas, cash crops can play a role in conservation efforts.
In conclusion, cash crops are an important economic factor for farmers, rural communities, and nations around the world. They provide a source of income, stimulate economic growth, and can contribute to the development of rural areas and the conservation of natural habitats.
economic crops/cash crop
Plantation industry supports many by-product industries and also many rural industries. The manure from animals provides a good source of organic matter for improving soil fertility and crop yields. Most of the services, such as transportation, food, housing, ect. Plantation: A large contiguous area in which a forest crop raised either by direct sowing or transplanting. In this way, they are able to repay their loans only after the sale of their crops. Almost all draught power for farm operations and transportation is supplied by bullocks. If all the farmers will grow only one kind of seeds and crops, the price of that particular seeds and crops would fall and there would be no profit to the farmers.
Plantation Crop With Economic importance and Distribution
That is, the growth of cereals, fruit trees, and potatoes is supported by temperate climatic conditions, whereas rice, soybean, etc. Rolfe was in desperate straits himself, having been shipwrecked in Bermuda and then losing his newborn daughter and wife. Certain plantation crops are sun loving coconut, cashew nut, rubber, oil palm, areca nut , others are shade loving cocoa, tea, coffee, betel vine. India is geographically a vast country so it has various food and non-food crops which are cultivated in three main cropping seasons which are rabi, kharif and zaid. It has been observed that in the earlier times, cash crops were a small but critical part of the total production of a farm. For example, coconut husk is used to produce coir fiber annually to a tune of 2,19,600 tones in India. That is, farmers have to borrow money from banks to purchase seeds for planting.
Horticultural crops, which are primarily fruits and their byproducts, contribute Rs. A cash crop or profit crop is an agricultural crop which is grown to sell for profit. High net profit: Although the initial cost of establishing an orchard is considerable, this expense is offset by increased net profit as a result of higher production or a higher value for the products produced. So I am going to post the questions, followed by the responses from two of my class mates, in which I need a 3 to 5 sentence response, written. The Economic Importance of these Crops are: 1. This article explores the current role of agriculture and rural development in African national economies and its potential for improving material standards of living and life chances. For instance, tea industry offers direct employment to 10 lakhs and indirect employment to 10 lakh people, while-cashew processing factories alone provide employment to 3 lakhs people besides 2 lakhs farmers are employed in cashew cultivation.
(DOC) THE CONTRIBUTION OF CASH CROPS TO THE ECONOMIC DEVELOPMENT OF TANZANIA: MWIJARUBI JOSEPHAT.
Farmers had quit and moved to the city in the Industrial Revolution because they could get better pay working in the factories and could better support their families. Growing cashew and mango plantations on high slopes in Kankan, where even ragi or nachni cannot be planted, has provided additional retribution to the growers. Cash crops- Sugarcane, Oilseeds, Horticulture crops, Tea, Coffee, Rubber, Cotton and Jute. Rice, wheat, maize, millet, barley, mower are the examples of food grains. Plantation industry provides direct as well as indirect employment lo many millions of people. It began because demand for meat, milk, eggs and other animal products increased.
Ex: cashew nut, betel vine, tea comprise of 75% of total export earnings from the export of all agricultural produce. The produce is suitable for consumption only after processing. A major factor in the colonization of the New World were the dollar signs investors saw in cash crops like tobacco and cotton in the Americas. They protect soil from erosion losses. What factors caused many people to give up farming and move to the city? Man cannot subsist solely on cereal grains.
What is an example of a cash crop? Cash crops are crops that are grown specifically to be sold in a marketplace or traded; essentially a crop grown not for direct consumption by the farmer. Nonetheless, smallholder farming has been eroding over the last three decades, perpetuating rural poverty and marginalizing remote rural areas. Thus, dairy also provides employment throughout the year. How many cash crops are there? Ans : Consumers are looking for healthier and more nutritious options for their meals as a result of health concerns, which have increased the demand for fruits and vegetables. Cash crops have played a large role in shaping the world throughout history.
Cash Crop Farming: Meaning, Advantages, and Disadvantages
In general coconut and cashew nut are cultivated in coastal belt. Foreign exchange: In terms of foreign exchange, a large number of fresh fruits, processed foods, and spices are shipped to many nations, generating significant amounts of foreign exchange. The sun loving plantation crops should always be raised under mono culture as sole crop, while the shade loving plantation crops cocoa, coffee may be raised as inter crop in the inter spaces of grown up sun loving plantation crops coconut, oil palm and areca nut or grown along with shade or nurse trees silver oak to have either shade coffee, tea or support betel vine or both betel vine Importance and Area of Plantation Crops Importance of Plantation Crops: The term Plantation crops refers to those crops which are cultivated on an extensive scale in a large contiguous area, owned and managed by an Individual or a company. When were cash crops invented? In North America, there is a wide variety of cash crops that are grown and sold. Coconut crop employs 10 million people.
globalEDGE Blog: Cash Crop Blog Series Introduction >> globalEDGE: Your source for Global Business Knowledge
The production of fruits and the consumption of fruits per capita in a country have a direct impact on the standard of life of its citizens. Grapes, mangoes, and bananas yield 20-40 tonnes per hectare 1. Promoting the growth of cash crops can help boost the economy, but it does discourage growing crops meant for domestic consumption. Cash crop costs are majorly determined by the commodity markets with a global scope. The surplus fodder and agricultural by-products are gainfully utilised for feeding the animals. What are the cash crops of the world? It is the art of growing food crops and cash crops by the farmers needed by man. Agriculture as a source of raw materials for agro-based industries: Fruit farming offers raw materials for agro-based industries such as canning and preservation of fresh fruits coconut husk , pharmaceutical companies Aonla, Papaya, Jamun , transportation and packaging industries, among others.
Food crops- Rice, Wheat, Millets, Maize and Pulses. Cash crop farming is beneficial for those who have large farms and can afford expensive equipment and fertilizers. India is the leading country in the total production of certain plantation crops in the world. No other continent has been so closely identified with smallholder peasant farming. Fruit and vegetable yields are 10 to 15 times greater than those produced by conventional agronomic crops in the same area. They contribute to national economy by way of export earnings.
Steroids were also developed to make animals grow faster, in order to increase productivity and profit. The outcome of this could also be mass starvation caused due to the extensive destruction of a particular crop. As the founding father of the nation, was Nyerere an idealistic agrarian fundamentalist or a pragmatist who saw agriculture as the starting point and foundation for future national development? That is, traditional farmers in developing countries employ farming techniques that they are accustomed to. The only The earliest agriculture consisted of humans planting crops like wheat for their own consumption. It is used for the production of biofuel. Requirements of a crop to be categorized under plantation crop: 1.
