Chapter 13 – Introduction
This chapter is remixed from “Introduction to the Agriculture Economics”, Lumen Learning and is licensed under CC0 No Rights Reserved
Agriculture: Economics and Policy
In this lesson, you will learn how to:
- explain why agricultural prices are unstable
- discuss why there has been an employment exodus from agriculture to other industries over the past several decades
- relate the rationale for farm subsidies and the economics of price supports
- list the main elements of existing federal farm policy, especially recent policy