Agribusiness

Real World Example

After 1945, agribusiness became crucial in the Developing World as countries sought to improve food production and economic stability. This concept responded to challenges like food shortages and the need for modernization in agriculture. Agribusiness helped introduce advanced farming techniques, equipment, and global trade connections, making it essential for feeding growing populations. Today, agribusiness still matters because it affects food prices, availability, and quality, impacting our daily meals and grocery choices. For example, when a local farmer uses agribusiness strategies to grow crops efficiently, it can lead to more affordable fresh produce at your local supermarket.